Bitcoin miner’s data center project to be ‘game-changer’

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Core Scientific got a lot of attention in 2024 for its hosting deals with cloud provider CoreWeave. 

But Hut 8’s plans to lease data center space to its own — for now unknown — AI hyperscaler may put it in an even stronger position than its rival, one analyst argues.

Various bitcoin miners embarked on revenue diversification efforts last year — particularly after last year’s Bitcoin halving. This included a focus on building out HPC verticals to support AI applications.  

CORZ stock shot up roughly 300% in 2024 after emerging from bankruptcy and relisting on the Nasdaq…

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