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The 20 Million Milestone: Bitcoin Mining Is, and Always Will Be, an Energy Business

Featured Story

AI / HPC

Miner Weekly: When AI Data Centers Go Over Budget

AI data center costs are rising. Cipher, Riot and Hut 8 reveal how construction risks and tighter credit are reshaping the economics of miners’ AI expansion. ...

Wolfie Zhao|2h ago|8 min read

Latest Stories

AI / HPC

Novogratz Buys $9.9 Million of Galaxy Shares Amid Stock Slide

Galaxy Digital CEO Michael Novogratz bought nearly $10 million of the company’s shares, adding to his holdings as the cryptocurrency and data center company’s stock extended its decline.

4h ago

AI / HPC

IREN AI Cloud Revenue Triples to $200M as $4B ARR Target Slips to 2027

IREN (NASDAQ: IREN) reported a near-tripling of quarterly AI Cloud revenue to $200 million as its transformation from bitcoin mining into artificial intelligence infrastructure accelerates, but disclosed a delay in reaching its $4 billion annualized revenue milestone amid mounting investor concerns over data center execution and financing.

13h ago

AI / HPC

Google Details $17B Wyoming Data Center Plan as AI Stocks Sell Off

Google parent Alphabet (NASDAQ: GOOGL) has outlined a $17 billion investment in its first Wyoming data center, detailing a power strategy built around natural gas generation, fuel cells and carbon capture technology as investors retreat from AI infrastructure stocks amid concerns about spending and development risks.

15h ago

Energy

NTT Data Signs 900-Megawatt Bloom Energy Deal for Data Centers

NTT Data agreed to deploy 900 megawatts of Bloom Energy’s fuel-cell power systems across data-center projects worldwide, adding on-site electricity supply as access to power constrains the expansion of artificial intelligence infrastructure.

20h ago