Northern Data's plan to go all-in on AI
Bitcoin mining brings revenue stream that "quite frankly keeps everything cheaper."
Double-digit returns over the past month
Will history repeat itself, or have miners learned their lessons?
Hashprice rebounds by 34% since all-time lows in early August
The Information reported that the site would be used by OpenAI
Collateral estimated to be around 4,000 BTC
Cipher sold 611% of its bitcoin production in September, reducing reserves by 923 BTC
The loss is now worth $580 million
Bit Digital's bitcoin hashrate remains mostly flat since the halving
Data Factory Texas claims to own 49 MW of mining power in the state
Despite low profits and high difficulty, some pubcos are doubling down on mining