Data center operator Core Scientific (CORZ) announced an infrastructure partnership with Advanced Micro Devices (AMD) anchored by 15-year leases for 529 megawatts of U.S. AI capacity, which the company said could generate more than $14 […]
Around $167 million of Poolin’s debt comes from IOUs issued after customer withdrawals were frozen during 2022’s market crash. Singapore-based Bitcoin mining company Poolin on July 22 filed for Chapter 11 bankruptcy protection in […]
Once one of the biggest Bitcoin [BTC] mining pools globally, Poolin has declared Chapter 11 bankruptcy in the United States. The filing includes the parent company Poolin, which is based in Singapore, as well as […]
Bitcoin mining company Poolin has filed for bankruptcy alongside its two U.S. affiliates Lonestar Dream and Lonestar Taproot with estimated liabilities between $100 million-$500 million, TheEnergyMag reported on Friday. The Singapore-based firm, which once dominated […]
Kazakhstan links mining electricity access with contributions to its national crypto reserve. Qualified miners can secure electricity quotas for up to 10 years under new regulations. Strategic mining rules strengthen Kazakhstan’s regulated digital asset infrastructure. […]
Shares of bitcoin miners turned AI infrastructure providers surged Monday after Hut 8 (HUT) and IREN (IREN) announced billions of dollars in new contracts, easing concerns that demand for AI computing capacity may be slowing. […]
Key Points Foundry USA Pool is polling its own mining clients on how the pool should signal for BIP-110. The poll is not a network-wide Bitcoin vote, and BIP-110 is not adopted, locked in or […]
Companies including Hut 8, Core Scientific (CORZ), Hive Digital (HIVE) and Bit Digital (BTBT) have repositioned portions of their power and infrastructure assets to serve AI workloads, betting that long-term contracts with hyperscale customers will […]
A solo bitcoin miner recently hit the jackpot in a lottery-like stroke of luck, turning a modest investment into an outsized gain. The miner equipped with a small, hobbyist-grade device called a Bitaxe recently struck […]
The context: Building AI data centers remains a multi-year effort with labor emerging as a key execution challenge. Prager said the Kentucky facility is expected to come online beginning in 2028 and that TeraWulf has […]
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