IREN is using a multi-year Golden State Warriors sponsorship to rebrand itself as an AI infrastructure company, with Fox Business reporting the deal could top $50 million a year. The flashy move may help its pitch, but real proof will come from power, GPUs, and customer contracts—not jersey patches.
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IREN is being valued less like a Bitcoin miner and more like an AI infrastructure play with mining on the side. Real AI revenue, big contract targets, and a massive capex buildout are driving the rerate — but so are losses, debt, and serious execution risk.
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DMND says it has launched the first Bitcoin mining pool using Stratum V2, a move that gives miners more control over block construction and pushes back against mining centralization. It’s a real step forward — just not a magic fix for Bitcoin’s pool power problem.
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Thailand shut down an illegal Bitcoin mining network across five provinces, seizing 315 rigs and exposing yet another shady setup abusing power and rules. Legit mining is one thing; electricity theft dressed up as crypto innovation is just a crime with fans.
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Bitdeer sold every Bitcoin it mined since February, cashing out over $205M to keep its mining business liquid. It’s a blunt reminder that miners are running a hard-nosed industrial operation, not a Bitcoin monastery.
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Oman has launched Omanhash, a state-supervised Bitcoin mining pool for licensed operators, aiming to keep mining legal, visible, and onshore. It’s a big industrial bet on Bitcoin — with clear upside, and a healthy dose of government control.
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IREN surged after investors embraced its shift from volatile Bitcoin mining to AI infrastructure, boosted by reported Microsoft and Nvidia deals. The setup looks promising, but rich valuation, dilution, and execution risk could still bite hard.
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Oman has launched a mandatory national Bitcoin mining pool for licensed operators, turning mining into state-managed digital infrastructure. It’s a major bullish sign for industry legitimacy — and a fresh centralization risk for Bitcoin purists.
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IREN is pushing deeper into AI cloud infrastructure with a new Spain-based acquisition that gives the Bitcoin miner its first European foothold and a much larger runway for non-Bitcoin revenue. IREN acquires Nostrum Group to expand into Europe 490MW of secured, grid-connected power added in Spain AI cloud revenue is rising while Bitcoin mining revenue […]
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Marathon Digital Holdings has added $66 million worth of Bitcoin to its treasury, doubling down on a strategy that treats BTC as a reserve asset, not just something to mine and dump for operating cash. $66 million Bitcoin purchase Marathon keeps stacking BTC on its balance sheet Mining firms can sell or hold their rewards […]
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