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TeraWulf stock tumbles 7% amid $425 million convertible notes announcement
Bitcoin (BTC) mining firm TeraWulf Inc. WULF stocks fell over 7% to $5.84 following the firm’s announcement of a $425 million offering of 2.75% convertible senior notes due in 2030. VanEck head of digital assets […]
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Post halving, Bitcoin miners are choosing between hodling BTC and upgrading to AI
After the Bitcoin halving took place in April, major Bitcoin miners have increasingly started choosing one of two strategies — either hodl the BTC they mine or gear up with artificial intelligence (AI). The BTC […]
Mining
How to GPU Mine ALEO in 2024 – Full Setup Guide!
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Core Scientific’s AI deal fuels $8.7 billion revenue forecast, shares rise
Bitcoin miner Core Scientific expects to generate roughly $8.7 billion in revenue over the next 12 years, following an expansion of its hosting agreement with CoreWeave, according to an Oct. 22 statement. The company confirmed […]
Mining
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Northern Data embraces AI boom, mulls ditching Bitcoin mining roots
Europe’s largest Bitcoin miner, Northern Data, is exploring the potential divestment of its mining division, Peak Mining, as part of a strategic shift to focus entirely on its rapidly growing AI Solutions business, according to […]
