In the past week, IREN reported Q2 FY26 results showing a shift away from Bitcoin mining toward AI cloud infrastructure, underpinned by its multi-year US$9.70 billion Microsoft contract, US$3.60 ...
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Bitcoin Miner Iren Deepens To Tumble On Q2 Miss, AI Services Pick Up
Bitcoin miner Iren missed expectations for quarterly results late Thursday, but AI revenue picks up. Bitcoin price unravels.
Shares fell after both companies reported quarterly revenue below Wall Street expectations as Bitcoin dropped sharply.
Building Tier III data centers—the kind powerful enough to support AI—can take years. This is precisely where Bitcoin miners ...
NasdaqGS:IREN has agreed a reported $9.7b supply deal with Microsoft tied to its AI cloud data center operations. The company is shifting its core focus from Bitcoin mining toward high performance AI ...
Bitcoin mining company IREN (IREN) signed a multi-year GPU cloud services contract with Microsoft, highlighting the integration of traditional mining infrastructure with the demands of Big Tech for AI ...
Nvidia invested an additional $2 billion in CoreWeave through the purchase of Class A shares at $87.20 apiece, sending the ...
Cipher Mining CIFR and IREN Limited IREN are U.S.-based Bitcoin miners that began as pure-play miners, with revenues tightly linked to Bitcoin prices, network difficulty, and hash rate growth. Both ...
Bitcoin (BTC) mining is no longer lucrative and several leading energy and digital infrastructure companies are exiting operations to pivot to artificial intelligence (AI). The process of Bitcoin ...
Mining continues after 2140, but rewards come only from transaction fees, not new bitcoin. Bitcoin’s fixed supply means ...
Cipher Mining landed its first AI tenant, with $1.3 billion in the deal backstopped by Google, and MicroBT has opened a U.S. distribution hub with 10,000 ASIC miners per month in volume. Listen or ...
HIVE has a dual-engine growth model with Bitcoin mining plus Tier-3 AI/HPC GPU cloud computing power. The company is also targeting faster time-to-cash through conversions rather than outright ...
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