Bitcoin Magazine

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...

Banking Lobby CEO Talks Crypto Clarity Act As Senators Race To Pass Bill

The CEO of the American Bankers Association, Rob Nichols, has said that the banking lobby wants the Clarity Act to succeed —...

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