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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Bitcoin mining profitability is getting squeezed again just as more public miners shove money, power, and ambition into AI and data centers. The brief bounce in economics looks like a false dawn, not a turn in the weather. Difficulty is rising again BTC price weakness is crushing margins AI and HPC are becoming the escape […]
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Strategy, the Bitcoin-heavy corporate treasury firm formerly known as MicroStrategy, is leaning harder into BTC just as mining economics get nastier. That’s not a coincidence. It’s a signal that the market is rewarding conviction, scale, and balance-sheet discipline while squeezing out everyone else. Strategy is doubling down on Bitcoin Mining margins are getting tighter Only […]
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Bitcoin Was Changed Forever on This Day 16 Years Ago On May 10, 2010, Laszlo Hanyecz posted a simple Bitcointalk guide that helped push Bitcoin from home-computer hobby to full-blown mining arms race. It was a breakthrough for network security, a punch in the gut to Satoshi’s early idealism, and one of those moments that […]
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Bitcoin mining is getting squeezed from every angle, and seven major pools are now lining up behind Stratum V2 as margins tighten. It’s a smart move for efficiency and miner control, but it won’t paper over the brutal economics hammering the sector. Seven major pools joined the Stratum V2 working group Open mining protocol aims […]
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U.S. regulators are moving closer together on prediction markets just as Wall Street doubles down on tokenization, Bitcoin miners face harsher economics, and stablecoins keep creeping toward the center of global finance. SEC and CFTC coordination could expand enforcement risk for prediction markets BlackRock tokenization pushes Ethereum deeper into TradFi plumbing Bitcoin price action above […]
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Bitcoin Mining Could Transform Colombia’s Caribbean Region, President Says Colombian President Gustavo Petro wants to turn Colombia’s Caribbean coast into a Bitcoin mining hub powered by renewable energy, pitching it as a cleaner way to attract investment and development without the usual fossil-fuel hangover. Barranquilla, Santa Marta, and Riohacha were named as possible mining sites […]
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Hut 8 has landed a massive AI data center lease at its Beacon Point campus in Texas, and investors reacted like the company had just found a buried treasure chest under a power substation. 15-year AI data center lease worth $9.8 billion at base value Could reach $25.1 billion if all renewal options are exercised […]
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Colombian President Gustavo Petro is floating a plan to turn the country’s Caribbean coast into a Bitcoin mining hub powered by renewable energy, with the Wayúu Indigenous community potentially in on the ownership. It’s a bold pitch with real potential — and a few very familiar political caveats attached. Barranquilla, Santa Marta, and Riohacha were […]
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Hut 8 just pulled a very Bitcoin-native financing move: cut its borrowing cost, swap lenders, and free up thousands of BTC that were sitting as collateral. Hut 8 refinanced a $200 million Bitcoin-backed credit facility with FalconX The new loan carries a fixed 7% annual interest rate, down from 9% About 3,300 BTC worth roughly […]
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