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Bitcoin News Roundup for Feb. 21, 2020

With the price of bitcoin bouncing in a range below $10,000, Markets Daily is back with another time saving crypto news roundup.

Updated Dec 6, 2022, 6:28 p.m. Published Feb 21, 2020, 5:00 p.m. 1 min read
markets daily adam john

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Bitcoin miners (Shutterstock)

The bitcoin miner turned HPC infrastructure developer unveiled plans for a new 1 gigawatt facility in Kentucky aimed at servicing AI workloads.

What to know:

  • TeraWulf surged 13% on Tuesday after announcing a new facility in Kentucky to serve to serve AI and high-performance compute demand.
  • Former bitcoin miners tied to the AI infrastructure boom broadly moved higher as the AI spending momentum continues.