A $22.9 million capital deficit threatens to derail an energy firm’s pivot to off-grid Bitcoin mining
Olenox Industries is an energy company that acquired Bitcoin miner CS Digital Ventures in May. It...
Bitdeer signs $400M AI cloud computing deal for Malaysia facility
Bitdeer expects revenue from the five-year agreement to begin in early 2027 as it builds toward...
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Riot Platforms Sold 9,665 Bitcoin in H1 2026 to Fund AI Pivot
Key TakeawaysRiot Platforms sold 4,300 BTC in Q2 2026, cutting its treasury to 11,380 BTC by...
Canaan counted paused Ethiopia mining as nearly 35% of its July operating hashrate total
Canaan's July mining update counted 4.96 exahashes per second from paused operations in Ethiopia inside 14.24...
Anthropic Strikes $9B Compute Deal with Bitcoin Miner Riot: Report
Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries.All...
Public Miners Shed 21% of Bitcoin Hashrate as AI Revenue Accelerates
This article first appeared in Miner Weekly, a weekly newsletter by Blocks Bridge Consulting, curating the...
Bitcoin made KULR’s real battery business harder to value
KULR Technology Group has exited Bitcoin mining, repaid its Coinbase debt, and begun selling its BTC...
Bitcoin Miner Squeeze In Focus As Fees Make Up Under 0.7% Of Revenue
Bitcoin (BTC) transaction fees now account for just 0.69% of miner revenue as major players pivot...
Keel Shuts All Bitcoin Mining With $819M Ready for AI Pivot
Key TakeawaysKeel shut all U.S. bitcoin mining as Q2 revenue fell 50% to $30.4M during its...
Bitcoin miner HIVE’s $79M quarter runs into an $80M Swedish tax problem
Bitcoin miner HIVE Digital Technologies missed the Aug. 10 deadline for its quarter-ended-June 30 Form 10-Q...
Keel shuts US Bitcoin mining operations as Q2 revenue falls 50%
Keel completed the shutdown of its US Bitcoin mining operations as it pivots toward AI and...
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OCEAN Pledges BTC Refunds After Chain-Split Error
Key TakeawaysOCEAN misrouted miners to the BIP-110 chain for 18 hours due to a Stratum configuration...
MGT issued 1.65 billion shares as mining revenue fell to zero
MGT issued about 1.65 billion shares by Aug. 6 as the inactive Bitcoin miner with no...
CleanSpark misses Wall Street revenue estimates as shares sink
CleanSpark’s shares fell 5.5% on Thursday after the Bitcoin miner reported $138 million in quarterly revenue,...
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MARA Reports $611M Loss While Miners Deposit 581 BTC to NYDIG
Key TakeawaysMARA’s Q2 revenue fell 27% to $174.9 million, missing Wall Street estimates by more than...
Hyperscale sells Bitcoin for AI business set to deliver less than 20% of 2027 revenue
Hyperscale Data expects revenue to reach as much as $350 million in 2027, although the AI...
Bitcoin-backed loan refinances PowerCompute’s $18M debt at 2%
Nasdaq-listed PowerCompute refinanced $18 million of debt through a Bitcoin-backed facility carrying an initial interest rate...
I bought 8x Tesla V100 GPUs for Ai… Then THIS Happened
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