Bitcoin Mining
Bitcoin Miner IREN Posts Record First-Quarter Earnings, Looks to Growth in AI
The company is targeting $3.4 billion in AI Cloud ARR by end of 2026 with expansion to 140,000 GPUs and strengthened financing position.
Cango Eyes Strengthening of Bitcoin Mining Operations, Entry Into AI HPC Market
The Chinese automotive transaction firm turned bitcoin miner Cango issued an update to its shareholders.
Jefferies Sees Solid Quarter but Limited Upside for Bitcoin Miner MARA
The bank kept its hold rating on the stock and trimmed its price target to $16 from $19.
Hut 8’s Tuesday Tumble Misguided and a Buying Opportunity: Benchmark
Investors overreacted to the absence of a hyperscaler deal announcement, overlooking Hut 8’s long-term potential in AI, energy, and bitcoin infrastructure.
Cipher Mining Surges 19% $5.5B Amazon Web Services HPC Deal
The crypto miner is pushing deeper toward AI infrastructure with AWS lease, new West Texas data center plans.
Bernstein Hikes Bitcoin Miner Targets as AI Infrastructure Play Continues to Gain Momentum
Wall Street broker Bernstein said bitcoin miners are fast becoming an essential part of the AI value chain.
Bitcoin Network Hashrate Hit Record High in October, JPMorgan Says
The monthly average network hashrate, a proxy for competition in the industry and mining difficulty, rose 5% to 1,082 EH/s.
IREN Soars 30% After Inking $9.7B AI Cloud Deal With Tech Giant Microsoft
The deal is indicative of how miners’ once-volatile hardware fleets are increasingly viewed as strategic compute assets, bridging the gap between blockchain and AI.
HIVE Digital's Mining Capacity Hits 23 EH/s as Bitcoin Output Funds AI Shift
The company is converting parts of its mining footprint into AI-ready data centers, including a site in Grand Falls, New Brunswick, that could support 25,000 GPUs.
Bitcoin Miners Sit on Prime Power Assets as AI Pivot Accelerates: Canaccord
The broker said bitcoin mining still drives nearly all sector revenue even as the narrative shifts toward AI.
