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 ...

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 ...

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 ...

Bitcoin miner Core Scientific announced plans to significantly expand its AI business through a partnership with cloud provider CoreWeave. The deal is expected to add revenue of $6.7 billion over 12 ...

Wall Street analysts have been talking about a potential pivot to AI for months, and now Core Scientific is making it a reality. In early June, the company signed a 12-year contract with AI cloud ...

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Quick Read iShares Bitcoin Trust (IBIT) down 13% in 2026 while miners surge on post-halving leverage and AI infrastructure ...

In today’s issue, Ben Harper from Luxor Technology provides an update on what’s happening with bitcoin mining this year. Then, Colin Harper from Blockspace Media answers questions on the topic of ...