IREN has dropped 47% from its 52-week high on Nov. 5, significantly underperforming mining and high-performance computing (HPC) peers, but investment bank B. Riley said it's keeping its buy rating and ...
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Bitfarms stock: The bitcoin mining play to watch
Bitfarms is abandoning Bitcoin mining because powering AI data centers is more lucrative. Many Bitcoin miners are switching their attentions to energy supply. 10 stocks we like better than Bitfarms › ...
That's because Bitfarms is pivoting away from crypto. It's transitioning toward becoming an energy and digital company to meet the growing demand from AI data centers, and its efforts are starting to ...
One afternoon in June 2024, I stood up against the fence of a sprawling industrial facility a few miles outside of Corsicana, Texas. Over a metal gate, I watched a bright yellow excavator claw at the ...
The Bitcoin network’s total computational hash rate has entered a notable downtrend since October 18th, reversing what has otherwise been a consistent multi-year climb. The hash ribbons indicator, ...
Traditionally, thieves usually targeted some form of tangible good — whether it’s physical or digital currency, jewelry, or a car. But when it comes to mining cryptocurrencies, things get a little ...
Disclosure: Our goal is to feature products and services that we think you'll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from ...
When money starts being worth less, "hard" assets can be the way to go. The U.S. is not reliving the high-inflation period of the 1970s, but prices are still rising faster than the Federal Reserve ...
Elon Musk has outlined a future where money loses its purpose and energy becomes the core unit of value in society, driven by breakthroughs in artificial intelligence and robotics. Speaking on a ...
The Bitcoin mining industry has entered what may be its most severe economic downturn in its 15-year history, with even large publicly traded operators struggling to break even amid collapsing mining ...
Bitcoin has been taking a breather for the past several weeks, but don't let that take attention away from its long-term performance. In the past five years, the leading cryptocurrency has soared 409% ...
Honor Wyoming, a conservative political group in Wyoming, has alleged since at least January that the state is blocking and censoring constituent emails to lawmakers, threatening to take legal action ...
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