Bitcoin miners are ditching hashpower for hyperscale as multibillion-dollar artificial intelligence (AI) contracts outpay mining by a wide margin, forcing a rethink of the industry that secures the world’s largest cryptocurrency. Bitcoin Mining Economics Struggle as AI Offers Higher Returns Per Megawatt What started as a side hustle has turned into a full-blown identity crisis […]
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MARA Reports $611M Loss While Miners Deposit 581 BTC to NYDIG
Key TakeawaysMARA’s Q2 revenue fell 27% to $174.9 million, missing Wall Street estimates by more than 16%.Riot Platforms and MARA...
