Cryptelio

Mining 1 hour ago Cryptelio Editorial

TeraWulf Reports 83% Revenue from AI Leasing Amid Bitcoin Mining Decline

TeraWulf's latest earnings reveal a significant shift, with 83% of its revenue now coming from AI leasing as Bitcoin mining revenue decreases.

Latest

Markets · 2 months ago Michael Saylor's Strategy Increases Cash Reserves to $4.65 Billion Through Asset Sales Michael Saylor's Strategy has raised its cash reserves to $4.65 billion by selling Bitcoin and MSTR shares, indicating a shift towards diversified capital management. Macro · 2 months ago White House Adviser Highlights Yen Stability as Key to Preventing Financial Contagion Kevin Hassett, Director of the White House National Economic Council, emphasizes the importance of yen stability in averting financial contagion amid the currency's recent decline against the dollar. Markets · 2 months ago Meta Launches Muse Spark 1.2 and Muse Glimmer AI Models Meta has unveiled Muse Spark 1.2, a powerful coding model, alongside Muse Glimmer, a lightweight AI model designed for local use. Companies · 2 months ago Intel Files Shelf Registration for $15 Billion Common Stock Offering Intel has filed an automatic shelf registration statement with the SEC, enabling potential sales of common stock and other securities over the next three years, as it prepares to raise $15 billion. Macro · 2 months ago US Sanctions Reveal $6.3 Billion Crypto Pipeline Between Iran and Russia Recent US sanctions have uncovered a significant $6.3 billion cryptocurrency network linking Iran and Russia, primarily facilitated by the platforms Shelbit and Aban Tether. Companies · 2 months ago Unitree Robotics Plans $9 Billion IPO on Shanghai Stock Exchange Unitree Robotics, a leading Chinese humanoid robot manufacturer, is set to launch an IPO on the Shanghai Stock Exchange, aiming for a valuation of approximately $9 billion. Adoption · 2 months ago Cloudflare CFO Predicts Non-Human Traffic to Outpace Human Traffic by 2026 Cloudflare's CFO Thomas Seifert forecasts that non-human traffic could exceed human traffic by 1,000-to-1 within five years, highlighting a significant shift in internet usage patterns. Business · 2 months ago UEFA and Other Confederations Unite Against FIFA's $20B Subsidiary Plan UEFA, CONCACAF, and the AFC have jointly condemned FIFA President Gianni Infantino's proposal to create a subsidiary for the organization's revenue streams, leading to the plan's swift cancellation. Markets · 2 months ago Senator Bernie Sanders Calls for AI Development Pause Amid Regulatory Concerns Senator Bernie Sanders has urged major AI firms OpenAI, Anthropic, and Meta to pause their development efforts, citing the need for regulatory measures. This push aligns with his proposed AI Data Center Moratorium Act. Macro · 2 months ago South Korea Plans Military Airbase Relocation for Semiconductor Megacluster by 2028 South Korean President Lee Jae-myung aims to relocate the Gwangju Air Base to establish a massive semiconductor manufacturing hub, with initial production expected by 2030. Stablecoins · 2 months ago Standard Chartered Projects Chainlink Could Reach $200 by 2030 Amid Tokenization Growth Standard Chartered forecasts that Chainlink's LINK token could soar to $200 by 2030, driven by the anticipated rise in tokenized assets across public blockchains. Mining · 2 months ago Mark Erhardt Proposes Luke Dashjr's Removal from Bitcoin BIP Editors Following BIP-110 Fail Mark Erhardt has formally recommended the removal of Luke Dashjr from the Bitcoin BIP Editors after the controversial BIP-110 proposal failed, causing a chainsplit and raising governance concerns.