The government relies on this crypto infrastructure for international trade, while ordinary Iranians use it as a financial lifeline during protests and economic crises.
The bitcoin miner inked a deal with investment firm Starwood to convert and expand select facilities to serve data center needs for AI.
TeraWulf missed fourth-quarter earnings as mining revenue fell, reporting $35.8 million in Q4 and total $168.5 million for 2025.
Bitcoin mining hardware maker Canaan purchased Cipher Mining’s 49% interest in three Texas mining projects, gaining access to 120 MW of power capacity.
Bitcoin Miner Canaan Acquires Cipher’s Stake in Texas Mining Projects, Expands AI and Power Strategy
Canaan (CAN) acquired Cipher Mining’s 49% stake in three West Texas mining projects for $39.75 million in shares, giving Cipher a significant equity stake in Canaan.
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