Topic
bitcoin
Technology Artificial Intelligence #bitcoin#crypto
Iconic Bitcoin mine pivots to AI as mining companies turn from crypto
The Ekibastuz Bitcoin mine in Kazakhstan, once a symbol of cryptocurrency's rise, is part of a wave of mining operations converting to AI computing as Bitcoin rewards fall. Companies including Riot Platforms, TerraWulf, and Enegix are repurposing infrastructure; Riot signed a $9bn deal with Anthropic. Refits are costly, and some firms have sold Bitcoin holdings to fund the switch.
Aug 25, 2026 1 source
Finance FX & Currency #bitcoin#cryptocurrency
Bitcoin Crosses $80,000 for First Time Since Mid-May on Weaker Dollar, Up 28% in August
Bitcoin crossed $80,000 for the first time since mid-May, reaching an intraday high of $81,237.94, as a weaker dollar and Treasury plans to buy back long-dated bonds drove demand for alternative assets. The cryptocurrency gained 28% in August, its biggest monthly increase since November 2024, after President Trump urged clearer cryptocurrency rules.
Aug 25, 2026 1 source