Tag: bitcoin mining
Bitcoin Miner Genesis Digital Pivots to AI as SWI Raises $894M
SWI Group secures €800M to transform FTX-backed Genesis Digital Assets from bitcoin mining to AI data centers, reflecting broader industry shift away from crypto.
Riot Platforms' Bitcoin Mining Revenue Falls as Data Center Arm Drives Growth
Riot Platforms reported $167.2M Q1 revenue as Bitcoin mining declined to $111.9M, offset by new $33.2M data center business amid industry shift to AI infrastructure.
Tether Enters Bitcoin Mining With Modular Hardware Push
Stablecoin giant Tether partners with Canaan and ACME Swisstech to build industrial-scale, upgradeable Bitcoin mining systems.