Bernstein says Bitcoin mining deals necessary for AI power crunch
Bernstein said that it remains overweight on the Bitcoin mining sector, citing the growing partnerships between Bitcoin mining companies that are necessary to address the...
Tag : Crunch
AI’s power crunch turns Bitcoin miners’ grid access into an asset
By the end of 2025, the power capacity tied to artificial intelligence data centers worldwide had reached about 29.6 gigawatts (GW), enough to run all...
Robinhood Trims Headcount by 10% Amid Crypto Revenue Crunch
In brief Robinhood is letting go of 10% of its employees, CEO and co-founder Vlad Tenev told the company Tuesday. In April, the company indicated...
Kelp DAO Exploit Sparks Aave Liquidity Crunch, $6.2 Billion Withdrawal Panic
In brief Aave users struggled to withdraw funds from Aave after attackers borrowed with stolen rsETH on the platform, spiking a core market’s so-called utilization...