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Cryptocoins News / The Cointelegraph ​ - 1 week ago

Bitcoin miners face widening AI financing costs as lenders scrutinize deals

The Bitcoin mining industry needs roughly $50 billion to complete planned AI infrastructure projects, with IREN, Riot Platforms and HIVE Digital facing major funding gaps. Bitcoin mining companies expanding into artificial intelligence and high-perfo...

Cryptocoins News / The Cointelegraph ​ - 1 week ago

Bitcoin drops 2.2% as Ukraine, Iran strikes send oil toward one-month high

Bitcoin price action stayed rangebound after failing to sustain above $84,000 into the Wall Street open on rising oil prices.Bitcoin (BTC) gave back early-week gains into Monday’s Wall Street open as doubts compounded over a Russia-Ukraine “energy ce...