mining

Mining is the process of extracting valuable minerals, ores, or other geological materials from the Earth, typically from an ore body, lode, vein, seam, or placer deposit. It often involves activities such as excavation, processing, and refining to obtain usable materials for various industrial and economic purposes.
  1. Bitmain Slashes ASIC Miner Prices as Mining Profitability Hits Lows

    Bitmain Slashes ASIC Miner Prices as Mining Profitability Hits Lows

    Bitmain Cuts ASIC Prices as Mining Profitability Falls to Multi-Year Lows Bitmain has sharply reduced prices on its ASIC miners as the mining industry faces one of its most severe profitability squeezes in years. With revenues per unit of hashpower dropping below sustainable levels, demand for...
  2. Bitcoin Miners Pivot to AI Data Centers as Hashrate Falls Behind

    Bitcoin Miners Pivot to AI Data Centers as Hashrate Falls Behind

    Bitcoin Miners Pivot to AI Data Centers as Hashrate Falls Behind A growing number of major Bitcoin mining companies are redirecting their focus toward artificial intelligence and high-performance computing. Seven of the ten largest mining operators now report income from AI or HPC clients...
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