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BITCOIN MINING TRANSITION
Data center firm IREN signs new deal with frontier AI lab; quarterly loss hits sharesIREN shares fell more than 7% in extended trading after the company swung to a quarterly loss, driven by costs tied to retiring bitcoin m...
Long-term investing: One reason is good enough, and a must, to own a business. 8 stocks with an upside potential of up to 36%In today’s world, investors cannot assume that correlations that worked in the past will work in exactly the same manner now. We are in a p...
TeraWulf jumps on $19 billion data center lease deal with AnthropicTeraWulf signed a 20-year lease with Anthropic for AI data center infrastructure, securing about $19 billion in contracted revenue. The dea...
Bitcoin miner American Bitcoin faces $59M loss — can Trump-backed crypto venture survive 90% stock crash and Bitcoin price slump in 2026?$59 million in quarterly losses and a 90% stock crash define the latest blow to Bitcoin miner American Bitcoin. The Trump-backed crypto ven...
Peter Thiel-backed BitMine becomes South Korea’s hottest foreign stock bet, here's whyPeter Thiel-backed BitMine stock: BitMine Immersion Technologies has become a favorite among South Korean retail investors. They've poured ...
Pi Network coin price doubles in four days: How to mine, where to buy, and all about latest crypto sensationPi Network Coin has officially entered open trading, witnessing sharp price swings since its listing on major exchanges. After an initial s...
AI's race for US energy butts up against bitcoin miningCurrently, data centers account for about 1%-1.3% of global electricity consumption, versus crypto mining's roughly 0.4%, according to the ...
Potential new coins coming to Coinbase in 2024: Upcoming Coinbase listingsThe Coinbase effect causes cryptocurrencies to surge in price when listed on Coinbase. Potential listings include SMOG, Bitcoin Minetrix, M...
Cost of crypto: report say U.S. bitcoin as dirty as 6 million carsThe industry's carbon footprint, the groups said, was 27.4 million tonnes from mid-2021 through 2022 - three times that of the largest U.S....
Low-carbon bitcoin? Crypto miners' green power talk angers Texas localsAs electricity prices hit $5,000 per megawatt hour on a hot day, it was no longer profitable to run the machines that compete to verify blo...
Cryptoverse: Electric ether leaps on verge of Merge"Crypto is still very tightly coupled, I think when the Merge successfully completes it could drive up the price of bitcoin as well," said ...
Cryptoverse: Electric ether leaps on verge of MergeEther is gnawing away at behemoth bitcoin's market share: it now accounts for nearly a fifth - 19.7% - of the total crypto market capitaliz...
Over 75% of Bitcoin miners' earnings going into soaring electricity costsBitcoin (BTC) mining is a very electricity-intensive process. A recent study has shown that a single Bitcoin transaction consumes about 216...
Bitcoin's new puzzle: How to ditch fossil fuels and go greenIn the world of bitcoin mining, access to cheap and reliable electricity is everything.
Coal to crypto: The gold rush bringing bitcoin miners to KentuckyMany large U.S. states have attracted signifiant bitcoin mining investment in recent months, but Kentucky is emerging as a small powerhouse.
The bigger picture: What does El Salvador’s Bitcoin city mean for the global crypto market?With Bitcoin City, El Salvador plans to usher in a new era of digital education, sustainable energy reserves, and green mining. When the ci...
China's Bitmain suspends sales of cryptomining machines after Beijing's mining banBitmain also said it is looking for "quality" power supplies overseas along with its clients, in places including the United States, Canada...
Elon Musk decries bitcoin's 'insane' energy use after Tesla U-turnElon Musk tweets a graph of bitcoin's power consumption, saying "Energy usage trend over past few months is insane." This, after he earlier...
Bitcoin price tumbles, recoups after Elon Musk's U-turn on Tesla paymentsBitcoin price dropped from around $54,819 to $45,700, its lowest since March 1, in just under two hours following Elon Musk's tweet that Te...
What Elon Musk and Jack Dorsey are missing about Bitcoin and green energyThe cost of renewable power is plummeting and an increasing share of energy is being supplied by electricity. There are so many existing in...