That landscape is now experiencing a seismic shift. In short, miners are reacting to increasing competition and regulatory squeeze by expanding their business activities. To address the sustained growth of energy consumption, they are intentionally focusing on high-growth industries like artificial intelligence (AI) and cloud computing. This pivot is not...
Cipher Mining’s Black Pearl facility is one of the largest and most efficient mines in the US bitcoin mining industry. At 300MW, this one operation happily has a major impact on the Bitcoin network. It impacts hashrate, mining difficulty, and initiates a bigger conversation around energy consumption and sustainability. This...
It’s a fascinating moment in the evolution of Bitcoin mining today. Mining operations are no longer simply verifying transactions and securing the blockchain. Rather, they’re focusing on the promising prospects in data centers and artificial intelligence (AI). This transition is motivated by a combination of economic factors, rapid technology developments,...
