Make CryptoSlate preferred on Elon Musk’s SpaceX has turned one of the world’s largest artificial intelligence clusters into a commercial compute product, creating a new challenge for Bitcoin miners racing to recast themselves as AI […]
Core Scientific (CORZ) reported a $347.2 million first-quarter net loss as its Bitcoin self-mining revenue fell sharply and high-density colocation became its largest revenue source. In its earnings report published on Wednesday, the company reported […]
This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and insights on the energy–compute–markets nexus. The company said Tuesday […]
Investors appeared to disregard Hut 8’s reported first quarter 2026 net loss of more than $253 million on Wednesday, lifting the shares of the Bitcoin mining company by more than 33%. Hut 8 attributed the […]
Key Takeaways: Hut 8 secured a $200 million credit facility with Falconx at 7.0%, replacing its prior Coinbase agreement. The deal unencumbered 3,300 bitcoin worth $260 million on May 1, 2026, signaling lower industry debt […]
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