Latest News and Articles about AI Cloud Services

IREN Ditches Bitcoin Mining Losses for $9.3B AI Cloud Gamble

29 March 2026 Daily Feed AI Cloud Services, Bitcoin Mining, IREN, Nvidia GPUs

IREN Abandons Bitcoin Mining Losses for Risky AI Cloud Bet Australia-based IREN, once known as Iris Energy, is pulling a hard U-turn, ditching the bleeding wound of Bitcoin mining for the high-stakes arena of AI cloud services. With losses stacking up to $19,000 per Bitcoin mined against a brutal production cost of $80,000 per coin, […]

HIVE Digital Targets 25 EH/s with Hydro-Cooling and AI Post-Halving

18 June 2025 Daily Feed AI Cloud Services, Bitcoin Halving, HIVE Digital Technologies, Hydro-cooling

HIVE Digital Technologies: Hydro-Cooling and AI as Post-Halving Survival Tools With the 2024 Bitcoin halving slashing block rewards and tightening margins across the mining industry, HIVE Digital Technologies is making bold moves to not just survive but lead the pack. In a revealing interview with their CFO, Darcy Daubaras detailed how HIVE is leveraging hydro-cooled […]