People have rightfully raised eyebrows as banks trim their workforces and funnel billions into AI capabilities. Businesses ...

One afternoon in June 2024, I stood up against the fence of a sprawling industrial facility a few miles outside of Corsicana, Texas. Over a metal gate, I watched a bright yellow excavator claw at the ...

American Bitcoin has expanded its hashrate to 25 EH/s and delivered stronger mining output with improved operational efficiency. Revenue and adjusted EBITDA rose sharply as upgraded S21+ miners ...

When Tether Holdings chose Uruguay for its Bitcoin (BTC) mining activity, the reason was simple: cheap energy costs. But once a lucrative affair, Bitcoin mining is no longer drawing the same kind of ...

China's bitcoin mining market share rebounds to 3rd globally, Hashrate Index shows Beijing’s softening stance, cheap electricity attract crypto miners Bitcoin seen as strategic asset amid Sino-US ...

China’s Bitcoin mining has surged to 14% of global hashrate despite the official ban on crypto activities. Regions like Xinjiang and Sichuan have become key hotspots for Bitcoin mining due to cheap ...

Bitcoin (BTC) mining is no longer lucrative and several leading energy and digital infrastructure companies are exiting operations to pivot to artificial intelligence (AI). The process of Bitcoin ...

Publicly traded Bitcoin miner Bitfarms posted a $46 million loss in Q3. The firm is beginning a transition out of the mining business, shifting focus to providing infrastructure for AI compute.

Most major US Bitcoin miners are pivoting to AI. Mining margins have been crushed. Analysts now value miners primarily on their power assets, not mining operations. Bitcoin miners are abandoning ...

Forbes contributors publish independent expert analyses and insights. Becca Bratcher is an author and journalist specializing in crypto. Over the past few years, the United States, specifically Texas, ...