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Blockchain

AI power crunch may lead to more institutional investment in Bitcoin Mining


Bitcoin mining companies and artificial intelligence data centers are increasingly competing for access to cheap, sustainable energy, which could trigger renewed institutional investment in the mining sector over the next decade.

AI data centers with deep capital reserves are beginning to outbid miners for power infrastructure, with more Bitcoin (BTC) miners getting “priced out” or deprioritizing mining activities, according to a July 31 research report from Bitcoin mining infrastructure provider GoMining Institutional.

Still, the flexibility of…



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by Cointelegraph

United States-based Bitcoin mining company TeraWulf nearly doubled its third-quarter revenue this year thanks to price growth in Bitcoin, as well as an expansion in mining capacity and new income from its AI business. Revenue for the third quarter increased 87% year-over-year to $50.6 million, with “digital asset revenue” making up $43.4 million, according to TeraWulf’s Q3 earnings report on Monday. In Q1, the company had reported a net loss, and in Q2, the miner’s revenue increased 34% year-over-year to $47.6 million.  “These increases were… Source link

by Tech In Asia

After the announcement, Iren raised its 2026 annual recurring revenue guidance from US$500 million to US$3.4 billion. Source link

by Tech In Asia

The company reported Q3 net profit of US$56.8 million, up from US$38.5 million a year earlier. Source link