Ionic Gets 90% of Revenue From AI as BTC Mining Loses $35M
Fidelity says AI demand is giving Bitcoin miners a more valuable use for power infrastructure and could flatten Bitcoin's hash-rate growth in 2026.
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Fidelity says AI demand is giving Bitcoin miners a more valuable use for power infrastructure and could flatten Bitcoin's hash-rate growth in 2026.
Canaan's pivot to holding its mined BTC and ETH is becoming the story — the treasury is now worth roughly the same as the company's Q1 revenue run-rate, and the gap is closing fast.
The Bitcoin network has crossed a notable threshold: exactly 100,000 blocks remain until the next halving event, which…