Bitcoin Mining

Bitcoin rally has more room as volatility shorts unwind, Two Prime CEO says
Alexander Blume said subdued funding rates and continued call selling suggest the rebound is not yet being driven by excessive speculation.

IREN shares fall 8% as costly AI transition weighs on earnings
Weakening profitability overshadowed a major milestone in IREN’s transformation into an AI cloud provider.

Bitcoin miners’ AI pivot pays off, but mining could revive with one twist
Miners with AI and high-performance computing contracts have commanded higher valuations as declining bitcoin prices and hashprice squeeze pure-play operators.

Why the world’s second-largest Bitcoin mining power is shutting down rigs in its capital city
The Energy Ministry enacted the year-round restriction to mitigate power capacity shortages, as energy-intensive mining facilities continue to strain regional grids.

Riot Platforms surges 20% in pre-market trading on $9.1 billion Anthropic deal
The bitcoin miner’s 20-year agreement highlights an industry-wide shift toward AI infrastructure revenue.

Bitcoin mining difficulty shrinks 14% from this year's high as plunging revenues force operators to pivot
Difficulty falls as weak mining economics reduce capacity, while forward markets signal little relief through year-end.

Ionic Digital jumps 26% in Nasdaq debut, giving Celsius Network claimholders an exit route
The bitcoin miner reached a market valuation of roughly $2.8 billion based on its 44.9 million shares outstanding.

Core Scientific lands AMD AI deal as bitcoin mining operation winds down
The agreement accelerates Core Scientific’s pivot from bitcoin mining toward AI data centers, following the termination of its ASIC agreement with Block.

Poolin was bitcoin's biggest mining pool and now it's filing for bankruptcy
The Singapore-based company once controlled nearly a fifth of Bitcoin's global hashrate. Now it owes $173 million and is selling off what's left.

AI compute stocks bounce as Hut 8, IREN land billions in new contracts
The deals sparked a rebound in AI compute stocks after investors questioned demand for new data center capacity.
