In the face of a profitability crisis, industrial-scale bitcoin miners are transforming their data centers into AI factories.
The crypto downturn has pushed a slew of Bitcoin miners to the brink of unprofitability, prompting operators to scale back the energy-hungry machines that keep the blockchain running.
Top miners raised $6 billion for AI pivots and secured $15.5 billion in GPU contracts, with 70% now generating revenue from ...
Despite Bitcoin’s recent price underperformance, the Bitcoin Hashrate has been going absolutely vertical, breaking all-time highs with seemingly no regard for macro headwinds or sluggish price action.
New York is home to four of the largest bitcoin mines in the country, which consume huge quantities of electric power and water to cool their server farms, emit loud humming noises around the clock ...