Core Scientific plans to end self-mining by late 2026 and focus on AI and HPC data centers. Its colocation revenue shows why the pivot is attractive, but doesn’t prove AI hosting will be more profitable—or spell the end of Bitcoin mining across the industry.
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Hut 8 has landed a $1.07 billion revolving credit facility to boost liquidity and support its AI/data center expansion. The deal signals strong institutional backing, but the real test is execution — because debt is not a magic wand, no matter how shiny the pitch.
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Bitcoin mining difficulty just posted a brutal 10.09% downward adjustment at block 953,568, one of the biggest drops the network has ever seen. For miners, that’s a relief. For anyone watching Bitcoin’s industrial backbone, it’s also a loud signal that the business is getting squeezed from both sides. Difficulty fell from 138.96T to 124.93T Galaxy […]
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Bitcoin miners are increasingly turning into AI data centers, as explained in why Bitcoin miners are quietly becoming AI data centers, and the market is rewarding that pivot even as BTC itself struggles. Bitcoin fell about 17% in early 2026 while mining stocks surged AI and high-performance computing contracts are replacing volatile block rewards Debt, […]
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Three AI-linked stocks are drawing attention for June 2026, and the pitch is refreshingly unsexy: strong businesses, real numbers, and exposure to the parts of the market that are actually getting paid right now. ServiceNow for cash flow, margins, and enterprise AI monetization Zeta Global for rapid growth and improving profitability Fluence Energy for AI […]
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IREN Secures Up to _3 Billion to Pivot From Bitcoin Mining to AI Data Centers is going all-in on a shift from Bitcoin mining to AI data centers, backed by a roughly $2.6 billion to $3.0 billion convertible note raise that could reshape the company’s future. The wager is simple enough: sell power, space, and […]
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MARA Holdings is selling off part of its Bitcoin stack and leaning harder into AI and high-performance computing, a move that says plenty about where mining economics are headed when BTC gets hit and the balance sheet starts bleeding. 3,386 BTC sold in Q1 2026 35,303 BTC still held in treasury $1.3 billion net loss […]
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Core Scientific Seeks $3.3B As It Shifts From Bitcoin Mining To AI Data Centers Core Scientific is raising $3.3 billion through senior secured notes as it pushes harder into AI data centers and away from Bitcoin mining. The move is a loud signal that the company now sees more value in selling compute power to […]
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IREN Stock Plummets 6.3% as Bitcoin Miner Bets Big on AI Data Centers After Earnings Disaster If you’ve got IREN Limited ($IREN) in your portfolio, buckle up: a brutal earnings report just sent shares spiraling 6.3% to $35.09, and the company’s audacious pivot from Bitcoin mining to AI data centers is raising eyebrows—and red flags. […]
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AI vs Bitcoin Mining: Is Energy Competition Killing Crypto? Bitcoin mining, the beating heart of the world’s premier decentralized currency, faces a new rival: AI data centers. Crypto Banter co-founder Ran Neuner has ignited a storm of debate by claiming that AI’s insatiable hunger for electricity—coupled with its massive revenue potential—is outbidding miners and threatening […]
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