The Bitcoin mining reward has been reduced following the Bitcoin halving, and this is prompting some companies to shift from Bitcoin mining centers to artificial intelligence...
Private equity (PE) firms are finally seeing value in bitcoin (BTC) miners, thanks to the growing demand for data centers that can power machines related to...
Mining units at a bitcoin mining facility in Texas. Photographer: Jordan Vonderhaar/Bloomberg © 2022 Bloomberg Finance LP Artificial intelligence (AI) is hungry for computing power, and...
(Reuters) – Bitcoin miner Core Scientific on Thursday rejected an all-cash offer from Nvidia-backed specialist cloud provider CoreWeave, saying the offer undervalues the company. “The board...
Energy demand from hyperscalers and AI companies could make bitcoin mining companies potential acquisition targets, the bank said. JPMorgan said CoreWeave’s deal with Core Scientific validates...
Shares of Bitcoin miner Core Scientific (CORZ) rose as much as 40% in pre-market trading after cloud computing company CoreWeave signed a 200 megawatt (MW) artificial...
