PANews reported on November 10th that, according to Cryptoslate, seven of the top ten crypto mining companies by hashrate have reported generating revenue from their artificial intelligence or high-performance computing projects, while the remaining three plan to follow suit. The mining companies that have already generated revenue include: Marathon Digital Holdings, CleanSpark, Iris Energy (IREN), Bitdeer Technologies, Cipher Mining, Core Scientific, and TeraWulf. The mining companies planning to follow suit include: Riot Platforms, Bitfarms, and Phoenix Group. This shift combines the mining companies' abundant land resources and interconnectivity with contract revenue from graphics processing unit (GPU) customers, opening up a second business line to compete with full-power application-specific integrated circuits (ASICs).PANews reported on November 10th that, according to Cryptoslate, seven of the top ten crypto mining companies by hashrate have reported generating revenue from their artificial intelligence or high-performance computing projects, while the remaining three plan to follow suit. The mining companies that have already generated revenue include: Marathon Digital Holdings, CleanSpark, Iris Energy (IREN), Bitdeer Technologies, Cipher Mining, Core Scientific, and TeraWulf. The mining companies planning to follow suit include: Riot Platforms, Bitfarms, and Phoenix Group. This shift combines the mining companies' abundant land resources and interconnectivity with contract revenue from graphics processing unit (GPU) customers, opening up a second business line to compete with full-power application-specific integrated circuits (ASICs).
70% of leading Bitcoin mining companies reported that their AI or high-performance computing projects had generated revenue.
PANews reported on November 10th that, according to Cryptoslate, seven of the top ten crypto mining companies by hashrate have reported generating revenue from their artificial intelligence or high-performance computing projects, while the remaining three plan to follow suit. The mining companies that have already generated revenue include: Marathon Digital Holdings, CleanSpark, Iris Energy (IREN), Bitdeer Technologies, Cipher Mining, Core Scientific, and TeraWulf. The mining companies planning to follow suit include: Riot Platforms, Bitfarms, and Phoenix Group. This shift combines the mining companies' abundant land resources and interconnectivity with contract revenue from graphics processing unit (GPU) customers, opening up a second business line to compete with full-power application-specific integrated circuits (ASICs).
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Stablecoin demand is growing, and it can push down interest rates: Fed’s Miran
Federal Reserve Governor Stephen Miran argued that stablecoins’ potential multi-trillion dollar growth over the next five years will help push down interest rates. A growing demand for US dollar-tied crypto stablecoins could help push down the interest rate, says US Federal Reserve Governor Stephen Miran.The Donald Trump-appointed Miran told the BCVC summit in New York on Friday that the dollar-pegged crypto tokens could be “putting downward pressure” on the neutral rate, or r-star, that doesn’t stimulate or impede the economy.If the neutral rate drops, then the central bank would also react by dropping its interest rate, he said.Read more
Share
Coinstats2025/11/10 11:01
The U.S. Senate formally passed a new continuing appropriations bill.
PANews reported on November 10th that the US Senate formally passed a new continuing appropriations bill, which will provide government funding until January 30th to end the government shutdown. All votes have been counted: 60 in favor and 40 against.
Share
PANews2025/11/10 11:50
Bitcoin Faces Selling Pressure as Long-Term Whales Cash Out
Long-term Bitcoin whales increase market selling pressure by liquidating substantial holdings. On-chain indicators reveal high-value transactions, reflecting continuous Bitcoin distribution trends. Continue Reading:Bitcoin Faces Selling Pressure as Long-Term Whales Cash Out The post Bitcoin Faces Selling Pressure as Long-Term Whales Cash Out appeared first on COINTURK NEWS.
Share
Coinstats2025/11/10 11:18