Mining

Trump-backed U.S. Bitcoin board members buy up stock prices following financial results

Two board members of American Bitcoin (ABTC), a Bitcoin mining company backed by the Trump family, made large open market…

2 Min Read

Bitcoin miners sell their holdings as AI pivot accelerates

Major Bitcoin mining companies are increasingly selling some of their Bitcoins. $BTC As we pivot towards artificial intelligence (AI) infrastructure,…

4 Min Read

Core Scientific secures up to $1 billion in financing from Morgan Stanley

Texas-based digital infrastructure provider Core Scientific (CORZ) has secured up to $1 billion in strategic funding from Morgan Stanley to…

1 Min Read

Bitcoin miner Core Scientific bets on AI boom with $1 billion backing from Morgan Stanley

Core Scientific has entered into a financing agreement worth up to $1 billion with Morgan Stanley to expand its digital…

3 Min Read

Bitcoin mining cost rises to $70,027 per BTC

The average cost to mine one Bitcoin is over $70,000, a significant increase from the $67,704 recorded earlier this year.…

4 Min Read

CleanSpark sells 97% of February Bitcoin production to fund AI pivot

CleanSpark (CLSK), US-based Bitcoin $BTC$72,578.05 A mining company that operates large data centers sold nearly all of the bitcoin it…

2 Min Read