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According to a recent report by Bloomberg, crypto mining companies are finding new opportunities in the AI sector by converting their existing infrastructures. That is driven by AI’s unprecedented demand for data center and GPU resources. The rising demand for artificial intelligence (AI) is causing

Bitcoin miner addresses dormant for 11 years have suddenly transferred $7 million in BTC. On-chain data reveals that these long-inactive wallets moved approximately 277 BTC recently. This activity has raised eyebrows in the crypto community, considering the prolonged inactivity. The wallets, believe

Riot, a major player in the Bitcoin mining industry, has announced an unsolicited offer to acquire Bitfarms. We are on the verge of seeing the world's largest publicly traded mining company. This move comes after Riot revealed that Bitfarms rejected its private proposal made last month. Riot has now

The UAE Agriculture Authority has banned cryptocurrency mining on farms. The decision aims to address concerns about resource allocation. Crypto mining operations are notorious for their high energy consumption. So UAE authorities want the energy on farms to be used for, well, farming. Not mining, w

Venezuela has once again stirred the crypto pot, this time with a ban on crypto mining. The government, worried about the stability of its already fragile power grid, has [decided](https://Venezuela has once again stirred the crypto pot, this time with a ban on crypto mining. The government, worried