Bitcoin Miners Leverage $11 Billion in Convertible Bonds for AI Transition
The Bitcoin mining sector is raising significant funds through convertible debt to transition towards artificial intelligence data centers.
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The Bitcoin mining sector is raising significant funds through convertible debt to transition towards artificial intelligence data centers.
Thopen, a Brazilian solar energy provider, is considering Bitcoin mining to make use of excess renewable energy.
Chun Wang, co-founder of F2Pool, rejects the BIP-444 Bitcoin soft fork aimed at tackling on-chain data spam, claiming it is not a viable solution.
Today's crypto update includes increased competition among Bitcoin miners, Ferrari's venture into digital tokens, and Rumble's plan to introduce Bitcoin tipping for its users.
A proposal from the US energy secretary aims to facilitate faster connections for large electricity consumers like Bitcoin miners and AI data centers to the power grid.
Bitcoin miners have dramatically increased their debt to fund the purchase of new equipment and AI infrastructure, amid a fierce battle for hashrate dominance.
Bitcoin's mining network has surpassed an all-time hashrate despite decreased difficulty, indicating intense competition and challenges for miners.
Bitcoin's network hashrate has reached new heights even as mining difficulty decreases, creating both opportunities and challenges for miners.
A wallet associated with LuBian moved nearly $1.3 billion in Bitcoin shortly after the DOJ unveiled a $15 billion forfeiture case against a connected company.
Galaxy Digital has gained a substantial investment to repurpose its mining site into a state-of-the-art AI data center.
CleanSpark reports a significant rise in Bitcoin production and sales in September, boosting its financial standing.
Abu Dhabi's agricultural regulator restricts farmland usage for crypto mining to uphold sustainability and land-use standards.

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