Mining

Network Growth and Financial Shifts Bitcoin mining reached a significant milestone in September when the network averaged 1.034 zetahashes per second, marking the first time it crossed the zetahash threshold. This growth came with some economic pressure though – hashprice fell below $47 per petahash per second during the same period. According to recent analysis,…

Bitcoin Miner’s Strategic Shift to AI Infrastructure IREN, the bitcoin mining company that’s been making waves with its pivot to artificial intelligence infrastructure, just received a major vote of confidence from Wall Street. Cantor Fitzgerald analyst Brett Knoblauch more than doubled his price target for the stock, moving it from $49 to $100. That represents…