Category: Mining

[ad_1] 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 expansion includes a $31.5 million miner purchase commitment and two acquisitions totaling $13.9 million for power contracts, land, buildings and mining equipment.…

[ad_1] Key Takeaways HIVE’s AI GPU cluster earns about $2.90 per GPU-hour, dwarfing bitcoin mining’s roughly $0.12/hour take. The company’s fiscal 2026 revenue jumped 158% to $297.8 million as hashrate rose 290% to 22.2 EH/s. HIVE’s BUZZ HPC unit grew AI revenue 94% to $19.5 million, with a 320 MW Toronto AI hub coming next.…

[ad_1] Key Takeaways Hyperscale Data sold about 100 bitcoin on July 30, 2026, worth roughly $6.5 million at the time. Alliance Cloud Services’ 20 MW contract with a neo-cloud client could grow past $3 billion in total revenue. GPUS now holds approximately 1,006 bitcoin after pledging remaining coins for a new credit facility. The Las…