Bitcoin mining companies like IREN and TeraWulf are reducing their Bitcoin mining activities and reallocating resources toward AI cloud services and high-performance computing. IREN has started decommissioning mining hardware and aims to complete this transition by the end of 2026, reflecting a broader industry trend to combine mining with data-center operations for AI workloads. This shift is driven by the growing demand for AI computing power and the fluctuating profitability of Bitcoin mining. Both companies report declining Bitcoin holdings and mining output as they expand their AI-related services.
Bitcoin miners shifting capacity to AI workloads provide context for cryptocurrency market activity. For readers following this sector, here is Pluang's market snapshot as of Oct 08, 2026 17:02 WIB: out of 50 major cryptocurrencies, 22 rose and 27 fell today. EGLD (MultiversX) gained 3.21% with 100% buy orders, while YFI (Yearn) dropped 3.36% with 90% buy orders, and MANA (Decentraland) fell 3.04% with 82% buy orders.
Aclarion, Inc. has updated the enrollment criteria for its CLARITY clinical trial to better reflect real-world chronic low back pain patients and accelerate patient recruitment. The revised criteria, approved at most active sites, expand the pool of ...
Zscaler CEO Jay Chaudhry has sold 2,852 shares of the company, generating $550,000 from the transaction. This sale could indicate personal financial planning or portfolio rebalancing by the CEO. Investors might watch for any further insider activity ...
Ascentis Independent Advisors has expanded by adding four advisory teams from Raymond James Financial Services, bringing over $1 billion in client assets. These teams, based in California and Colorado, chose Ascentis to access enhanced planning, inve...
Dimensional Fund Advisors Ltd. has publicly disclosed holding a 1.28% ownership stake in Prologis Inc, amounting to 12,123,997 shares as of October 7, 2026. This disclosure is made under Rule 8.3 of the Takeover Code, indicating significant interest ...
QAIX, a Quantum Computing & AI Alliance based in Manhattan, has opened its global membership program offering companies and tech leaders access to a global network, office spaces in major cities including New York, and resources from NVIDIA and IBM. ...
