This article first appeared in Miner Weekly, a weekly newsletter by Blocks Bridge Consulting, curating the latest news in energy, bitcoin, and AI compute from The Energy Mag. Subscribe to receive it in your inbox […]
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KULR Technology Group has exited Bitcoin mining, repaid its Coinbase debt, and begun selling its BTC holdings as the battery technology company shifts capital back toward its core business. The retreat marks a sharp reversal […]
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Bitcoin (BTC) transaction fees now account for just 0.69% of miner revenue as major players pivot to AI. Key points: Bitcoin miners now rely on block subsidies more than at any time in the past […]
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Key Takeaways Keel shut all U.S. bitcoin mining as Q2 revenue fell 50% to $30.4M during its AI pivot.Keel sold 1,085 BTC, leaving $819M in liquidity as miners chase higher AI infrastructure returns.Keel’s next test […]
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Bitdeer’s existing at-the-money program could raise up to $1 billion through Class A share sales, about twice the roughly $500 million the Bitcoin miner says it still needs to build its Tydal AI data center. […]
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