One afternoon in June 2024, I stood up against the fence of a sprawling industrial facility a few miles outside of Corsicana, Texas. Over a metal gate, I watched a bright yellow excavator claw at the ...
The Bitcoin network’s total computational hash rate has entered a notable downtrend since October 18th, reversing what has otherwise been a consistent multi-year climb. The hash ribbons indicator, ...
Traditionally, thieves usually targeted some form of tangible good — whether it’s physical or digital currency, jewelry, or a car. But when it comes to mining cryptocurrencies, things get a little ...
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What just happened? A solo Bitcoin mining enthusiast running a small-scale operation has hit the jackpot. On Friday, the machine – believed to be an older generation ASIC device capable of around six ...
CleanSpark Inc. is looking to raise $1 billion in a sale of convertible bonds, as the Bitcoin miner and data center operator seeks to fund its growing footprint. The Las Vegas-based company is ...
IREN shifted from Bitcoin mining to AI compute and renewable-powered data centers. Stock surged over 630% in a year, boosted by major deals with Nvidia and Microsoft. Mixed analyst sentiment; rapid AI ...
Bitcoin miners are using their computing power to service a thirsty AI boom, and investors are taking notice. Companies that once focused solely on mining digital tokens are signing long-term ...
A solo Bitcoin miner has become the latest lucky person to win the “Bitcoin mining lottery,” pocketing a $347,455 block reward. Bitcoin node infrastructure company Umbrel said the solo miner won the ...
Shares of CleanSpark Inc. surged as much as 13% after the Bitcoin miner announced that it was expanding into date-center infrastructure and the hiring of Jeffrey Thomas from Saudi Arabian AI firm ...
Forbes contributors publish independent expert analyses and insights. Korok Ray is a PhD economist/professor who researches/teaches Bitcoin. Early Facebook investor Peter Thiel once advised future ...
Bitcoin mining stocks and treasury companies often hold significant amounts of the cryptocurrency. This leaves them exposed if the price crashes. Some of these companies even end up outperforming ...
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