Mining | Coin14

IBIT Among Most-Traded ETFs as Bitcoin (BTC) Surges; Mining Stocks Sink

Bitcoin BTC$91,986.14 bounced back on Tuesday, gaining about 6% over the last 24 hours after a sharp sell-off to start the week. The rebound helped drive heavy activity in crypto-related exchange-traded funds (ETFs), especially BlackRock’s iShares Bitcoin Trust (IBIT), which was among the most-traded ETFs… Read More

Tether Shuts Down Uruguay Mining Operations Over Energy Tariffs

2 months ago by Crypto InsightsCrypto

The company had planned to invest up to $500 million in Uruguay, but cited high energy prices and regulatory hurdles as reasons for its pullout.

Microsoft Signs $9.7B AI Cloud Deal With Bitcoin Mining Stalwart

2 months ago by Crypto InsightsCrypto

Microsoft today said it had signed a $9.7 billion purchase agreement for AI cloud capacity from bitcoin miner-turned-neocloud company IREN. The move marked one of the biggest commercial validations yet for the upcoming neocloud sector — referring to a group of data center firms that… Read More