The pivot from bitcoin miner to AI power play has proved lucrative for IREN stock, with shares surging more than 500% so far ...
After the 2024 halving, Bitcoin mining entered its fifth epoch and block rewards were reduced from 6.25 BTC to 3.125 BTC. This forced miners to rethink their operations, optimize efficiency, cut ...
Mining hardware producer Canaan has won a contract to supply 4.5 megawatts (MW) of Bitcoin mining application-specific ...