Search results for Terawulf
Crypto
Terawulf says Q1 HPC revenue tops bitcoin mining revenue for first time
Terawulf\'s high-performance computing business revenue exceeded its bitcoin mining revenue for the first time in the first quarter. The Block reported that Terawulf posted $21 million in first-quarter HPC leasing revenue, ahead of the digital assets segment, which was below $13 million. Total revenue was $34 million, broadly in line with a year earlier. Net loss widened to $427.6 million, with nearly half tied to non-cash warrant revaluation.
Crypto
Bitcoin slumps but mining stocks rise, up as much as 85 percent in 2026
Major listed bitcoin mining stocks have risen across the board in 2026 even as bitcoin is down about 20 percent from the start of the year, Cointelegraph reported. The top 10 miners by market value all posted positive returns, with gains ranging from about 5 percent to more than 85 percent, according to BitcoinMiningStock.io. The strength is linked to big miners expanding AI and high-performance computing businesses.
Crypto
Alcoa nears sale of idled New York smelter site in bitcoin mining talks
Alcoa, the largest aluminium producer in the United States, is seeking to sell an idled smelter site in upstate New York to a bitcoin mining company. CoinDesk reported on April 18 that Alcoa is coordinating a plan to transfer the closed smelter property to New York Digital Investment Group. Alcoa CEO Bill Oplinger said talks are well advanced and he expects the deal to be completed by mid-year.
