Bitcoin miners that are retooling data centers for AI have boosted their stocks; the CoinShares Bitcoin Mining ETF is up ~90% YTD even as bitcoin has slumped
Vicky Ge Huang / Wall Street Journal :
Bitcoin miners that are retooling data centers for AI have boosted their stocks; the CoinShares Bitcoin Mining ETF is up ~90% YTD even as bitcoin has slumped
The pivot to AI has lifted a bitcoin-mining ETF by around 90% this year, even as bitcoin itself has slumped. — It's harder than ever to mine bitcoin.
Publicly traded Bitcoin miner Bitfarms says it will wind down its BTC operations and pivot to AI infrastructure, after reporting Q3 net loss up 92% YoY to $46M
Bitcoin miner Bitfarms will end its Bitcoin operations in the coming years, shifting focus to providing infrastructure for growing AI demand.
Six months after the bitcoin halving, some miners hold their bitcoin, while others spend more on developing AI data centers and see the largest stock gains
- Shares of firms keeping tokens they mint are lagging Bitcoin — Best performers are spending on developing AI data centers
April's Bitcoin halving will slash revenue for miners, who will likely move from the US to lower-cost countries like Ethiopia, Tanzania, Paraguay, and Uruguay
- Outdated machines may be profitable in low-cost energy areas — Ethiopia, Paraguay among countries becoming mining ‘players’
If crypto continues to integrate into the real economy, cryptocurrency sell-offs could impact ordinary people, especially if there are runs on stablecoins
which is now collapsing Rani Molla / Vox : Is this another tech bubble bursting? Brady Dale / Axios : Terra briefly halts blockchain amid stablecoin uproar Something Interesting : Autopsy and aftermat...
Intel details its new bitcoin mining Bonanza Mine ASICs, claiming 300 of the chips consume 3,600 watts and deliver up to 40 terahashes per second of performance
Intel's 3,600-watt Bitcoin-mining powerhouse — At ISSCC 2022, Intel shared the deep-dive details of its new Bitcoin-mining Bonanza Mine ASICs …
Research: with 4,000+ monthly active developers, Ethereum has the largest open-source crypto ecosystem, followed by Polkadot, Cosmos, Solana, and Bitcoin
1. — Kui üldse keegi, siis 2021.a. staariks oli kogu krüptoturg. DeFi Insights : Buckling Up for 2022 — Happy New Year! ✨ — Bounding out the gate ‘woohoo...’ to blood on the streets ‘...oh’. Ju...
Research: with 4,000+ monthly active developers, Ethereum has the largest open source ecosystem in crypto, followed by Polkadot, Cosmos, Solana, and Bitcoin
Executive Summary — Web3 developers are at an all-time high and growing faster than ever. — 18,000+ monthly active …
Analysis: mining bitcoin uses 91 TW/h of electricity annually, ~0.5% of all electricity consumed globally or 7x Google's total usage, and grew 10x in five years
In 2009, you could mine one Bitcoin using a setup like this in your living room. — ↓ — ↓