Public bitcoin miners have reduced their combined hashrate by 21% in six months, reflecting a shift away from bitcoin mining toward AI and high-performance computing (HPC) infrastructure. Companies like Core Scientific and TeraWulf now generate most of their revenue from colocation and HPC leases rather than bitcoin mining. While some miners like Bitdeer expanded their mining capacity, the overall contraction in mining power outpaced growth, signaling a structural change in the industry. This shift is driven by weaker mining economics and the rising value of AI compute, marking a major transition after years of post-China mining expansion in the U.S.
A growing number of public companies are adopting XRP not just as a long-term holding but as an active treasury asset to support lending, liquidity, and onchain financial activities. Evernorth leads this trend with plans to hold over 473 million XRP ...
SpaceX stock has risen nearly 12% in September, trading above its IPO price of $135. However, with a significant share unlock scheduled for October 9, investors are cautious about potential price movements. ChatGPT predicts the stock could trade betw...
Strategy Inc, led by Michael Saylor, posted a chart hinting at a possible new bitcoin purchase with the phrase "a little more orange," though no purchase is confirmed yet. The company currently holds 845,050 BTC valued at about $67.9 billion, with an...
Dogecoin (DOGE) has risen more than 3% in the past 24 hours, trading near $0.087 as it approaches a key resistance zone between $0.0885 and $0.09. A breakout above this level could lead to higher targets at $0.0946 and $0.10. Technical signals on the...
X has filed a lawsuit against Vivek Kumar Sen and Zmyang Sherpa, accusing them of operating a network of nine fake bitcoin news accounts that posted coordinated, unverified headlines to fraudulently collect over £207,000 from X's creator fund. The ac...
