Core Scientific shifts Bitcoin mining site toward 1_5GW AI data center plan is converting a Bitcoin mining site in Pecos, Texas into a 1.5GW AI data center campus, a blunt reminder that power, land, and grid access may be more valuable than hash rate alone. 1.5GW campus planned in Pecos, Texas 1GW expected to be […]
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IREN Limited just got a market re-rating, and this time the buzz is less about Bitcoin mining and more about AI cloud infrastructure. A reported Microsoft partnership and a massive GPU buildout plan have investors treating the company like a compute-and-power play, not just a miner sitting on hash rate and hope. IREN stock rose […]
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IREN Limited is being priced somewhere between a Bitcoin miner with a shiny AI side quest and a real AI infrastructure play still trying to prove it deserves the premium. IREN stock jumped 7.50% on April 24, then kept moving after hours. The company is pivoting from Bitcoin mining to AI cloud infrastructure and GPU […]
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Riot extends Bitcoin selling spree with fresh 500 BTC move is back at it, sending another 500 BTC — roughly $39 million — to an NYDIG deposit address. For one of the biggest public Bitcoin miners on the planet, that’s a loud reminder that post-halving economics are forcing miners to treat BTC less like untouchable […]
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Uzbekistan is making a clean, blunt offer to crypto miners: bring your rigs to Besqala Mining Valley, keep your tax bill light for a decade, and help energize a region that’s long needed real investment. 10-year tax holiday for mining operators Besqala Mining Valley launched in Karakalpakstan Renewables, hydrogen, and grid power are now allowed […]
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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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U.K. Energy Firm Reabold Tests Bitcoin Mining with Natural Gas for Project Funding Reabold Resources, a U.K.-based energy company, is stepping into uncharted territory by launching a small-scale Bitcoin mining operation powered by natural gas from its West Newton site in Yorkshire. This experimental move aims to generate supplementary revenue to fund further gas field […]
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Alcoa’s Massena Smelter Sale to NYDIG: Bitcoin Mining’s Industrial Takeover Alcoa, a giant in the aluminum sector, is hammering out a deal to sell its shuttered Massena East smelter site in upstate New York to New York Digital Investment Group (NYDIG), a powerhouse in Bitcoin financial services. Slated to close by mid-2025, this transaction isn’t […]
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Alcoa Nears Deal to Sell Idle New York Smelter to NYDIG for Sustainable Bitcoin Mining Bitcoin mining’s relentless thirst for power is resurrecting industrial relics, and Alcoa’s long-dormant Massena East smelter in upstate New York could be the next to get a digital makeover. The largest aluminum producer in the U.S. is in advanced talks […]
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Oracle, Microsoft, AMD Stock Surge: Impact on Tech, Bitcoin, and Blockchain Tech giants Oracle, Microsoft, and AMD, once dismissed as underperformers, have staged an explosive comeback, racking up massive gains in a single week. This isn’t just a Wall Street fluke—it’s a window into shifting market dynamics, geopolitical optimism, and tech innovation that could send […]
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