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Mining

Core Scientific lost 56% on Bitcoin mining but $80M in profit from its pivot to AI hosting

Core Scientific, a longtime Bitcoin miner now converting sites for AI computing, reported a negative 56% self-mining gross margin in the second quarter as its colocation business generated sharply higher profit.The company’s Q2 results...

Mining

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Latest Articles

Mining

Core Scientific lost 56% on Bitcoin mining but $80M in profit from its pivot to AI hosting

Core Scientific, a longtime Bitcoin miner now converting sites for AI computing, reported a negative 56% self-mining gross margin in the second quarter...
CryptoCho -
Analysis

New Cardano partnership promises to monetize your private data, but payouts likely start at just $1.25 a year

The Cardano Foundation announced a partnership with Reef Data eG on July 28, backed by Hamburger Volksbank, ARIC, VALIO, and Disruptive Elements. Reef plans to...
CryptoCho -
ALT

XRP is running a $2.4B debt trap that could wipe out spot buyers the second the Fed speaks

XRP trades near $1.06, down 2.9% over 24 hours and 8.6% over the past week, as CoinGlass shows $2.43 billion in XRP open interest,...
CryptoCho -
Bitcoin

Michael Saylor Warns Bitcoin Rule Changes Could Threaten Its Future

TLDR Michael Saylor says Bitcoin could grow 100 times larger and become a base for global capital. He warns proposed changes to Bitcoin’s rules could...
CryptoCho -
Mining

Bitcoin miners pour billions into AI

Bitcoin miners are redirecting billions of dollars and scarce power capacity toward artificial intelligence as BTC’s downturn pushes mining profitability close to historic...
CryptoCho -
Bitcoin

MARA CEO Fred Thiel: AI Data Centers Beat Bitcoin Mining On Power Returns

TLDR: MARA CEO Fred Thiel says AI compute earns more revenue per megawatt than Bitcoin mining.  Bitcoin mining costs $1 million per megawatt versus $10-15...
CryptoCho -
Analysis

Is the Web3 startup extinction event here, as Wall Street silently inherits crypto architecture?

Crypto’s 2026 bear market has become an industry-wide shakeout. Projects are closing, companies are winding down, and owners are retiring products across exchanges, DeFi,...
CryptoCho -
Bitcoin

Core Scientific Restarts Bitcoin Accumulation After Q1 Sell-Off

TLDR Core Scientific increased its Bitcoin holdings from 547 BTC to 848 BTC during the second quarter. The company added 301 Bitcoin after selling part...
CryptoCho -
Analysis

Bitcoin traders just stripped away crash protection – right as the Fed prepares its most unpredictable rate decision in years

Bitcoin traders have spent the past month reducing protection against a price decline while the Fed has made its next decision harder to predict. The...
CryptoCho -
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