Make CryptoSlate preferred on Elon Musk’s SpaceX has turned one of the world’s largest artificial intelligence clusters into a commercial compute product, creating a new challenge for Bitcoin miners racing to recast themselves as AI […]
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Core Scientific (CORZ) reported a $347.2 million first-quarter net loss as its Bitcoin self-mining revenue fell sharply and high-density colocation became its largest revenue source. In its earnings report published Wednesday, the company reported a […]
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Key Takeaways: Hut 8 secured a $200 million credit facility with Falconx at 7.0%, replacing its prior Coinbase agreement. The deal unencumbered 3,300 bitcoin worth $260 million on May 1, 2026, signaling lower industry debt […]
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Nasdaq-listed Bitcoin mining and energy infrastructure company Hut 8 secured a $200 million Bitcoin-backed credit facility from institutional crypto prime brokerage FalconX, replacing its prior credit facility with Coinbase Credit. The new facility reducwd the […]
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Key Takeaways: Bitcoin difficulty fell 2.3% on May 1, marking 6 cuts in 2026 as hashrate dipped below 1 ZH/s. Over the last seven days, Foundry USA mined 31.51% of 987 blocks, and with Antpool […]
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