Bitcoin miners that are retooling data centers for AI have boosted their stocks; the CoinShares Bitcoin Mining ETF is up ~90% YTD even as bitcoin has slumped
Vicky Ge Huang / Wall Street Journal :
Bitcoin miners that are retooling data centers for AI have boosted their stocks; the CoinShares Bitcoin Mining ETF is up ~90% YTD even as bitcoin has slumped
The pivot to AI has lifted a bitcoin-mining ETF by around 90% this year, even as bitcoin itself has slumped. — It's harder than ever to mine bitcoin.
Malaysian authorities are using drones, power sensors, and tips to hunt Bitcoin miners for power theft, which cost a state energy company ~$1.1B over five years
Cracking down on illegal Bitcoin mining gangs has become a cat-and-mouse game in Malaysia. — In Malaysia's illegal crypto mining hotspots, the hunt begins in the sky.
Crypto miners like IREN are pivoting to AI data centers amid the AI boom; IREN's stock, down to ~$1 in 2022, is up 300% in 2025, giving it a $13B+ market cap
Developers desperately need access to electricity—and bitcoin miners are in prime position to assist
CoreWeave says it has agreed to acquire bitcoin miner Core Scientific in a ~$9B all-stock deal, set to close in Q4 2025, to expand its AI data center capacity
#DataCenters — #CoreWeave — #PowerIsTheMoat @notreload : $CRWV -2.8%, $CORZ -18% [CoreWeave's all-stock acquisition of Core Scientific caused Core Scientific's stock to fall due to investor disapp...
Bitcoin miners' earnings power and stocks have diverged from the asset they help produce, as the hashrate languishes amid technical and macroeconomic headwinds
What's Next for Bitcoin Miners? Keshav Verma / Bitcoin Insider : Bitcoin Still Trading 40% Under Its ‘Energy Value’: What It Means Travis Hoium / Motley Fool : Why Bitcoin Miners Soared This Week
Auradine, which manufactures Bitcoin miners and offers AI infrastructure, raised a $153M Series C, with $138M in equity and $15M in debt, led by StepStone Group
Yogita Khatri / The Block :
US bitcoin miners, including Mara, Riot, and CleanSpark, used BTC's recent price surge to raise $3.7B+ via convertible notes since November 2024 to buy coins
Niamh Rowe / Financial Times :
Filing: the US DOE settles with bitcoin miner Riot Platforms and an industry group, and agrees to cancel its mandatory survey of energy use by crypto miners
Plaintiff Texas Blockchain Council; Plaintiff Riot Platforms, Inc. … Milk Road : 🥛 Crypto's Weekly Recap 👀 Mike Millard / DL News : Mandatory survey of Bitcoin miners' power consumption halted by US E...
How cheap power and friendly ties with China made Ethiopia, where almost half the population has no access to electricity, a haven for Chinese Bitcoin miners
Cheap power and friendly relations with China have made the Horn of Africa country a top pick for Chinese Bitcoin miners