Hut 8 surges on $9.8 billion AI data-center lease, lifting compute sector
The long-term deal sparked a rebound in AI compute stocks after investors questioned demand for new data center capacity.
AI compute stocks bounce as Hut 8, IREN land billions in new contracts
The deals sparked a rebound in AI compute stocks after investors questioned demand for new data center capacity.
Hut 8 price target hiked to $165 at Benchmark as AI pivot reshapes valuation
Mark Palmer said Hut 8's Beacon Point project transforms the company into an AI infrastructure platform with a long growth runway.
Solo bitcoin miner makes $200,000 using $150 equipment
Solo Bitcoin mining has surged, with 24 blocks found in the past 12 months, a 41% increase year over year.
TeraWulf CEO: 'Not All Megawatts Are Created Equally' in AI Race
TeraWulf says its $19 billion AI hosting agreement with Anthropic underscores its transformation from a Bitcoin miner into an AI i...
SBI Crypto to shut down mining pool that holds roughly 2% of Bitcoin's hashrate
Miners must redirect their hashrate before the July 31 cutoff, as the pool will stop accepting contributions after that date.
Why Wall Street values some crypto firms for AI power, not just crypto
Galaxy Digital’s stock surge points to a new trend: Investors are rewarding some crypto firms for AI infrastructure, not just digi...
Hut 8 to pay $2.35 million to settle investor suit over U.S. Bitcoin merger
The former bitcoin miner denied any wrongdoing related to its 2023 merger with U.S. Bitcoin Corp.
Bitcoin mining network becoming more sensitive to price swings, JPMorgan says
A growing share of miners are operating near breakeven levels, making hashrate and mining difficulty increasingly responsive to bi...