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News
IREN Shares Fall as AI Contracted ARR Outpaces Recognized Revenue
1+ day, 23+ hour ago (516+ words) IREN shares fell about 3.9% in the latest trading as the company reported a rapidly expanding AI contract book alongside significantly lower recognized AI revenue. IREN says it expects $4 billion of contracted annualized run-rate revenue tied to 2026 capacity, compared with $1 billion…...
Hyperscale Data Halts Michigan Bitcoin Mining for AI Contract With $1.2B Long-Term Potential
1+ week, 1+ day ago (459+ words) Hyperscale Data has shut down all Bitcoin mining at its Michigan data center to prepare the site for an artificial intelligence customer. Hyperscale Data estimates the existing 20-megawatt contract could generate more than $1.2 billion if the customer exercises both five-year…...
Core DAO Plans Emergency Hard Fork
1+ week, 3+ day ago (456+ words) Core DAO is coordinating an emergency hard fork after a small group of validators received CORE rewards above the blockchain’s intended issuance rate. The network said on September 1 that the issue had been contained and that validators it described as…...
Eric Trump Says American Bitcoin Mines Up to 13 BTC Daily at 49% Margins
1+ week, 5+ day ago (489+ words) Coin Insider does not display ads or publish paid promotional content. Our reporting is independent, objective and created with the best interests of our readers in mind. American Bitcoin is producing between 11 and 13 Bitcoin per day at a gross margin…...
Poolin Auction Set With $52M Floor Bid
3+ week, 1+ day ago (563+ words) Coin Insider does not display ads or publish paid promotional content. Our reporting is independent, objective and created with the best interests of our readers in mind. A New Jersey bankruptcy court has approved bidding procedures for Poolin’s remaining Texas…...