IREN’s stock is soaring — up over 530% in six months — as analysts backed its shift from bitcoin mining to AI-cloud and a major GPU expansion. Bitcoin miner IREN Limited’s stock (NASDAQ: IREN) blasted ...
Modern crypto mining GPUs and setups are more secure, but risks remain from firmware flaws, malware, and network exposure.
When Core Scientific signed a $3.5 billion deal to host artificial intelligence (AI) data centers earlier this year, it wasn’t chasing the next crypto token — it was chasing a steadier paycheck. Once ...
Bitfarms is winding down its Bitcoin mining over two years to focus on AI and high-performance computing infrastructure amid falling crypto profits. Bitfarms, one of North America’s largest Bitcoin ...
The 2024 Bitcoin halving reduced block rewards to 3.125 BTC, cutting miners’ income in half. This change, combined with higher electricity costs, expensive equipment maintenance and increased ...
The bank kept its buy rating on the stock and $74 target, citing a Microsoft GPU ramp and ample funding options.
Bitcoin miners turned to the rising AI trend ahead of the 2024 halving, which cut block rewards to 3.125 Bitcoin (BTC). Some just dipped their toes in, while others dove deeper, repurposing rigs, ...
Bitcoin miners are repurposing their data centers for AI infrastructure. Firms like Core Scientific, Iris Energy, and Hut 8 are leading the pivot. AI workloads can generate 25x higher revenue per MW ...
Forbes contributors publish independent expert analyses and insights. Korok Ray is a PhD economist/professor who researches/teaches Bitcoin. Early Facebook investor Peter Thiel once advised future ...
With a global footprint in Canada, Sweden, and Paraguay, HIVE Digital Technologies (Nasdaq: HIVE) is one of the world's most prominent Bitcoin mining firms. On July 7, the miner announced that it has ...
Hyperscale Data, Inc. (AMEX:GPUS) shares surged in Monday's after-hours trading on increasing optimism about the company’s intentions to launch Nvidia Corp.’s (NASDAQ:NVDA) graphics processing unit ...
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