On July 10, 2024, Block, Inc. and Core Scientific announced an agreement to deploy Block's new 3-nanometer or 3nm ASIC mining chips. This deal marks one of the largest ASIC procurement deals in terms ...

CoreWeave (NASDAQ: CRWV), a major AI infrastructure company, announced today it will acquire Core Scientific (NASDAQ: CORZ), one of the largest Bitcoin mining and data center firms, in an all-stock ...

Bitcoin miners are embracing artificial intelligence as a potential new revenue opportunity. Core Scientific recently signed a multibillion-dollar AI computing deal with CoreWeave, and is now moving ...

Core Scientific (CORZ) reported a $347.2 million first-quarter net loss as its Bitcoin self-mining revenue fell sharply and ...

Bernstein analysts in a recent note highlighted the hybrid strategy of Bitcoin miners focusing on AI data centers. What Happened: The analysts spotlighted the emerging “mullet strategy” – AI in the ...

In a huge move for the Bitcoin (CRYPTO: BTC) mining industry, Block Inc. (NYSE:SQ), spearheaded by Jack Dorsey, has sealed its first sale of cutting-edge three-nanometer (3nm) mining chips to Core ...

Jefferies initiated coverage on Cipher Digital, Terawulf, Hut 8, Riot, and Core Scientific, rating four out of five a "buy." ...

Today, Block, Inc. (NYSE: SQ) and Core Scientific (Nasdaq: CORZ) have announced a new partnership focused on further decentralizing mining hardware. This collaboration introduces Block's advanced 3 ...

The all-stock deal gives CoreWeave control of 1.3 GW of data center capacity, marking a shift from Bitcoin to AI infrastructure. CoreWeave (NASDAQ: CRWV), a major AI infrastructure company, announced ...