This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and insights on the energy–compute–markets nexus. The company said Tuesday […]
Investors appeared to disregard Hut 8’s reported first quarter 2026 net loss of more than $253 million on Wednesday, lifting the shares of the Bitcoin mining company by more than 33%. Hut 8 attributed the […]
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 […]
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 […]
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 […]
Key Takeaways: Canaan secured a follow-on order from Tether for custom hash board modules deploying to South America in 2026. The modular system, co-designed with ACME Swisstech, cuts operational complexity and boosts compute density for […]
Make CryptoSlate preferred on New Financial Times reporting says Donald Trump Jr. and Eric Trump are set to gain exposure to a Kazakhstan tungsten venture through Skyline Builders, a Nasdaq-listed company that has signed a […]
This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and insights on the energy–compute–markets nexus. In the first installment […]
Make CryptoSlate preferred on The 10 largest AI stocks now make up about 41% of the S&P 500, according to a BofA Global Research chart circulated online. That puts the AI basket at the same […]
Bitcoin miner Core Scientific plans to scale its Texas operations into a large artificial intelligence-focused data center campus with up to 1.5 gigawatts of gross power capacity. In a Monday announcement, the company said it […]
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