BEARISH 45 Bitcoin.com News 5H ago · 1 min read 1 read

Terawulf and IREN Bet Big on AI as Bitcoin Mining Revenue Shrinks

AI summary

Terawulf posted $76.2 million in Q3 2026 total revenue, up sharply year-over-year on high-performance computing, but its operating loss widened to $88.2 million. IREN's bitcoin mining revenue fell 88% year-over-year. The pivot toward AI infrastructure shows miners diversifying away from shrinking bitcoin mining economics, a signal traders watch for hashprice and miner-selling pressure.

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4 linked stories · 4 outlets · since 6 Nov

5H AGO

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Terawulf and IREN Bet Big on AI as Bitcoin Mining Revenue Shrinks

Bitcoin.com News · Score 45
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