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 ...
Shares of American Bitcoin, a bitcoin mining and treasury company backed by Eric Trump and Donald Trump Jr., tumbled Tuesday despite bitcoin’s rebound from Monday’s steep decline. The stock fell as ...
When Tether Holdings chose Uruguay for its Bitcoin (BTC) mining activity, the reason was simple: cheap energy costs. But once a lucrative affair, Bitcoin mining is no longer drawing the same kind of ...
China's bitcoin mining market share rebounds to 3rd globally, Hashrate Index shows Beijing’s softening stance, cheap electricity attract crypto miners Bitcoin seen as strategic asset amid Sino-US ...
Forbes contributors publish independent expert analyses and insights. Becca Bratcher is an author and journalist specializing in crypto. Over the past few years, the United States, specifically Texas, ...
Many bitcoin miners are converting their data centers to handle AI computing. The value of bitcoin mining drops by 50% every four years due to “halving” events. Bitcoin data centers offer consistent ...
Bitcoin mining stocks and treasury companies often hold significant amounts of the cryptocurrency. This leaves them exposed if the price crashes. Some of these companies even end up outperforming ...
When Core Scientific signed a $3.5 billion deal to host artificial intelligence (AI) data centers earlier this year, it wasn’t chasing the next crypto token — it was chasing a steadier paycheck. Once ...
American Bitcoin, a bitcoin mining and accumulation business backed by President Trump’s two eldest sons, jumped on its first day of trading Wednesday as investors scooped up shares of the ...
HEMATITE, Mo. — Jefferson County may soon enter the worldwide Bitcoin cryptocurrency “mining race.” NYDIG, a Bitcoin mining company based in New York, along with Global Connect Communications, a ...
Bitcoin mining’s space race is to put a miner in space and on the moon. The idea is crazy, but Nick Moran of Intercosmic Energy thinks it has merits. The building blocks that will serve as the ...
The debut of American Bitcoin, a mining firm backed by Eric Trump and Donald Trump Jr., has heightened the ethical concerns swirling around the Trump presidency. By David Yaffe-Bellany Reporting from ...