This is yet another play on the pick-and-shovel side of AI tech.For technology investors, generative artificial intelligence (AI) is the gift that keeps on giving. Since the launch of OpenAI's ChatGPT in late 2022, billions of dollars have flowed into the sector as people rush to get exposure to what looks like a once-in-a-lifetime opportunity. Cloud computing provider and AI hyperscaler CoreWeave (CRWV +2.34%) aimed to capitalize on some of this optimism with an initial public offering (IPO) in March. But ...

(Reuters) -Bitcoin mining is quietly staging a comeback in China despite being banned four years ago, as individual and corporate miners exploit cheap electricity and a data center boom in some energy-rich provinces, according to miners and industry data. China had been the world's biggest crypto mining country until Beijing banned all cryptocurrency trading and mining in 2021, citing threats to the country's financial stability and energy conservation. After having ​seen its global bitcoin mining market ...

Crypto Miners in Malaysia Stole $1 Billion in Power Over Five Years► https://t.co/3oBDdP7n38 https://t.co/3oBDdP7n38 ...

🚨UPDATE: MALAYSIA REPORTS OVER $1.1B IN POWER LOSSES AS 13,827 ILLEGAL CRYPTO MINING SITES BYPASS ELECTRICITY METERS ...

Malaysia’s Ministry of Energy said national utility TNB has lost over $1.1 billion from electricity theft by crypto miners between 2020 and August 2025, with 13,827 sites found illegally modifying or bypassing meters to power mining operations. https://t.co/MrbAWpHBZD ...

Core Insights - BlockQuarry Corp. has achieved significant industry recognition for its BLQCBuster™ following its debut at the Mining Disrupt Conference, indicating strong market potential for American-made mining hardware [2][4][6] Group 1: Product and Technology - The BLQCBuster™ features innovative modular architecture and advanced rack-mount capabilities, designed for scalability and operational efficiency, addressing supply chain vulnerabilities [3][10] - The first-generation model (Gen-1) has successfully completed a 60-day validation test, while the second-generation model (Gen-2) is nearing production readiness with only minor modifications needed [5][6][9] Group 2: Market Reception and Demand - The response at the Mining Disrupt Conference was overwhelmingly positive, with industry leaders recognizing the competitive advantages of the BLQCBuster™, leading to increased pre-order interest from established operators [4][6][7] - The company is preparing for structured commercialization and plans to showcase production units at the Mining Disrupt 2026 event, indicating a proactive approach to market entry [6][9] Group 3: Strategic Initiatives - BlockQuarry's decision to sponsor a networking event at Mining Disrupt attracted significant industry engagement, showcasing the BLQCBuster's technical capabilities and differentiating it from existing market solutions [7][8] - The company is developing a qualified prospect pipeline and establishing a pre-order framework to facilitate efficient market entry once final testing is completed [8][9]

SINGAPORE, Nov. 15, 2025 (GLOBE NEWSWIRE) -- BGIN BLOCKCHAIN LIMITED (“BGIN” or the “Company”; NASDAQ: BGIN), a digital asset technology company with proprietary cryptocurrency mining technologies and an innovator in cryptocurrency mining hardware and infrastructure, today released its unaudited financial results for the six months ended June 30, 2025 (“1H 2025”). 1H 2025 Financial Highlights Total revenue was US$47.7 million, compared with US$144.5 million in the same period of 2024.Mining revenue increase ...

Bitcoin miners are abandoning BTC for AI, and Bitfarms just joined the list. | Credit: CCN. Key Takeaways Bitfarms will wind down Bitcoin mining over the next two years. The announcement makes Bitfarms the newest member of a fast-growing group of miners pivoting to AI. More than a dozen public BTC miners have already shifted large portions of their operations to AI infrastructure since 2024. Bitfarms Ltd., one of North America’s long-standing Bitcoin (BTC) mining firms, is officially exiting the ...

Core Insights - Bitdeer Technologies Group (BTDR) reported a revenue of $169.71 million for the quarter ended September 2025, marking a significant increase of 173.6% year-over-year [1] - The earnings per share (EPS) for the quarter was -$1.28, a decline from -$0.35 in the same quarter last year [1] - The reported revenue exceeded the Zacks Consensus Estimate of $161.14 million by 5.32%, while the EPS fell short of the consensus estimate of -$0.22 by 481.82% [1] Financial Performance Metrics - Bitdeer mined 1,109 bitcoins, surpassing the two-analyst average estimate of 1,043 [4] - Revenue breakdown includes: - Self-mining: $130.9 million, exceeding the average estimate of $102.03 million [4] - Membership hosting: $14 million, above the estimated $12.05 million [4] - SEALMINERs and Accessories: $11.4 million, significantly below the average estimate of $47.4 million [4] - General hosting: $8.4 million, slightly above the estimated $8.25 million [4] Stock Performance - Shares of Bitdeer Technologies Group have returned +23.7% over the past month, compared to a +0.3% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]

🚨UPDATE: OVER 95% OF CRYPTO MINING MACHINES IN IRAN ARE REPORTEDLY ILLEGAL, PER TEHRAN PROVINCE ELECTRICITY DISTRIBUTION COMPANY OFFICIAL - WANAEN ...