#AI Cloud Services

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#AI Cloud Services

2 articles with this tag
IREN Ditches Bitcoin Mining Losses for $9.3B AI Cloud Gamble

IREN Ditches Bitcoin Mining Losses for $9.3B AI Cloud Gamble

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IREN Abandons Bitcoin Mining Losses for Risky AI Cloud Bet Australia-based IREN, once known as Iris Energy, is pulling a hard U-turn, ditching the bleeding wound of Bitcoin mining for the high-stakes arena of AI cloud services. With losses stacking up to $19,000 per Bitcoin mined against a brutal production cost of $80,000 per coin, […]

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HIVE Digital Targets 25 EH/s with Hydro-Cooling and AI Post-Halving

HIVE Digital Targets 25 EH/s with Hydro-Cooling and AI Post-Halving

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HIVE Digital Technologies: Hydro-Cooling and AI as Post-Halving Survival Tools With the 2024 Bitcoin halving slashing block rewards and tightening margins across the mining industry, HIVE Digital Technologies is making bold moves to not just survive but lead the pack. In a revealing interview with their CFO, Darcy Daubaras detailed how HIVE is leveraging hydro-cooled […]

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