12 stories tagged #Core Scientific

  1. Nvidia's $20B Bond Sale Accelerates Bitcoin Miners' Pivot to AI Dominance
    crypto

    Nvidia's $20B Bond Sale Accelerates Bitcoin Miners' Pivot to AI Dominance

    Nvidia's massive debt issuance validates the AI infrastructure thesis as Bitcoin miners reshape their money-losing operations into high-value data centers.

    last wk. 1 min read
  2. AI Data Center Opposition Stalls $130 Billion in Projects During First Quarter
    tech

    AI Data Center Opposition Stalls $130 Billion in Projects During First Quarter

    Grassroots opposition blocked or delayed $130 billion in AI infrastructure projects in Q1 2026, matching 2025 totals and threatening crypto mining pivots to AI hosting.

    last wk. 1 min read
  3. Core Scientific Pivots to AI, Secures $3.3 Billion in Junk-Bond Sale
    tech

    Core Scientific Pivots to AI, Secures $3.3 Billion in Junk-Bond Sale

    Bitcoin miner Core Scientific is raising $3.3 billion through speculative-grade debt to fund a significant shift into AI infrastructure and data centers.

    2mo ago 1 min read
  4. Core Scientific Secures $3.3 Billion Bond Sale for AI Data Center Expansion
    tech

    Core Scientific Secures $3.3 Billion Bond Sale for AI Data Center Expansion

    Core Scientific is raising $3.3 billion through a junk bond sale to fund its transition to AI-focused data center operations, leasing capacity to CoreWeave.

    2mo ago 2 min read
  5. Bitcoin Miners Sell 61K BTC, Shifting Focus to AI Computing
    crypto

    Bitcoin Miners Sell 61K BTC, Shifting Focus to AI Computing

    Major Bitcoin miners are liquidating significant BTC reserves to invest in AI and high-performance computing infrastructure, signaling a strategic pivot in the industry.

    2mo ago 1 min read
  6. Bitcoin Miners Shift to AI, Sell BTC to Fund Transition
    crypto

    Bitcoin Miners Shift to AI, Sell BTC to Fund Transition

    Bitcoin miners are pivoting to AI infrastructure, liquidating BTC to finance the shift as mining becomes unprofitable.

    3mo ago 1 min read
  7. Core Scientific secures $1B in financing from JPMorgan to boost data center growth
    finance

    Core Scientific secures $1B in financing from JPMorgan to boost data center growth

    Company expands colocation services for AI and Bitcoin mining with new $500M loan from JPMorgan.

    3mo ago 1 min read
  8. Bitcoin Mining Difficulty Dips 7.7%
    crypto

    Bitcoin Mining Difficulty Dips 7.7%

    Bitcoin's mining difficulty adjusted downwards due to slower block production, impacting miner revenues and strategies.

    3mo ago 1 min read