Bitcoin mining firms are transforming their energy-hungry facilities into AI data centers, chasing stable contracts and higher returns as crypto profitability wanes. AI data centers offer up to 25 ...
IREN’s stock is soaring — up over 530% in six months — as analysts backed its shift from bitcoin mining to AI-cloud and a major GPU expansion. Bitcoin miner IREN Limited’s stock (NASDAQ: IREN) blasted ...
LM Funding America, Inc. LMFA announced Tuesday it is expanding into high-performance computing and AI infrastructure with ...
Bitcoin miner HIVE signs a landmark three-year GPU contract with Bell Canada and Cohere—as Canada races to build AI systems ...
HIVE Digital Technologies (HIVE) said it hit 23 exahashes per second (EH/s) of bitcoin BTC $88,326.08 mining capacity as it ramps up production to generate income that will fund expansion of its ...
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Could a new generation of ASICs burst Nvidia's bubble and do for AI GPUs what ASICs did for bitcoin mining?
A Chinese startup founded by a former Google engineer claims to have created a new ultra-efficient and relatively low cost AI chip using older manufacturing techniques. Meanwhile, Google itself is now ...
Bitfarms is winding down its Bitcoin mining over two years to focus on AI and high-performance computing infrastructure amid falling crypto profits. Bitfarms, one of North America’s largest Bitcoin ...
Bitcoin mining to AI data center conversion reached new scale as AiOnX closed a $500 million acquisition of Genesis Digital Assets, gaining 1.3 gigawatts of US and Swedish sites to retool as GPU ...
Forbes contributors publish independent expert analyses and insights. Korok Ray is a PhD economist/professor who researches/teaches Bitcoin. Early Facebook investor Peter Thiel once advised future ...
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