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News
TeraWulf’s Bitcoin mining revenue fell 73% as AI related leases reached 71% of sales
10+ hour, 33+ min ago (680+ words) HPC leasing generated $31.9 million in the quarter as the company spent heavily to expand its data-center capacity. TeraWulf’s Bitcoin-mining revenue fell 73% year over year in the second quarter as high-performance computing and artificial intelligence leases reached 71% of sales, accelerating the…...
Bitcoin miners saved Texas power grid from collapse, but their lucrative pivot to AI is stripping away the emergency brake
4+ day, 16+ hour ago (1569+ words) The machines Texas leans on hardest during a heat wave get cheaper to shut off right when they're least needed. Texas broke its all-time electricity demand record twice in two days last week. ERCOT served a preliminary 91,308 megawatts around 5 p.m. on…...
Core Scientific lost 56% on Bitcoin mining but $80M in profit from its pivot to AI hosting
1+ week, 11+ hour ago (530+ words) The Q2 split favored colocation, although management did not say conversion had become compulsory. Core Scientific, a longtime Bitcoin miner now converting sites for AI computing, reported a negative 56% self-mining gross margin in the second quarter as its colocation business generated…...
Bitcoin miners pour billions into AI - but the pivot could leave them regretting it within a year
1+ week, 14+ hour ago (1164+ words) Mining margins are near historic lows, but André Dragosch says AI overinvestment and a Bitcoin recovery could reverse today’s economics. Bitcoin miners are redirecting billions of dollars and scarce power capacity toward artificial intelligence as BTC’s downturn pushes mining profitability…...
Bitcoin is about to give miners a 16% lifeline, but $19 billion in AI deals is luring them away anyway
1+ week, 3+ day ago (1666+ words) Bitcoin may cut mining difficulty again, but miners are still selling BTC and shifting power toward AI. Bitcoin could lower mining difficulty by roughly 16% when its next adjustment arrives around July 26, handing the machines that remain online a considerably larger…...
Global X Copper Miners Tokenised ETF price today, COPXx to USD chart, marketcap and volume
1+ week, 5+ day ago (519+ words) Global X Copper Miners Tokenised ETF tracks copper mining equities. Showing 1 spot market sorted by CoinMarketCap exchange rank. Markets excluded from CMC price or volume calculations are hidden. See COPXx across major fiat currencies and swap the active converter instantly....
Jack Mallers leaves Twenty One as Strike tie-up ends and Bitcoin treasury pressure builds
2+ week, 1+ day ago (775+ words) Raphael Zagury inherits a large Bitcoin balance sheet and a mandate to prove it can support a durable business. Jack Mallers is stepping down as chief executive of Twenty One Capital to focus on Strike, while Twenty One and the…...
Bitcoin miner AI pivot hits roadblock with New York 50 MW permit freeze
3+ week, 10+ hour ago (1592+ words) New York’s moratorium could become a model for restrictions that make mining-site conversions slower and more expensive. New York has become the first US state to impose a statewide moratorium on large new data centers, creating an early regulatory test…...
Bitcoin miner CleanSpark signed a $6.6B AI lease before securing the $2.1B required to build it
3+ week, 10+ hour ago (860+ words) The 175 MW contract creates a long revenue path while funding terms remain undisclosed and missed milestones may reduce rent or end the lease. CleanSpark has signed a 20-year AI infrastructure lease, but still needs to finance an estimated $1.75 billion to…...
Bitcoin Mining Pools in 2026: Hashrate Consolidation Is Creating a Two-Tier Market — and Smaller Miners Are Feeling It
4+ week, 9+ hour ago (851+ words) As four pools now control more than 70% of Bitcoin's hashrate, independent miners are quietly rethinking where they point their machines. The Bitcoin mining industry in 2026 looks very different from what it did just a few years ago. Post-halving pressure, rising…...