Core Scientific Shareholders Vote Against $9B CoreWeave Merger
Core Scientific shareholders voted against a proposed $9 billion all-stock merger with CoreWeave on October 30, marking an unusual rejection in 2025’s merger-heavy crypto landscape.
Get the latest news on crypto mining, including Bitcoin and altcoin mining trends, hardware updates, energy debates, and regulatory shifts. Explore how mining shapes the blockchain ecosystem and crypto economy.
Core Scientific shareholders voted against a proposed $9 billion all-stock merger with CoreWeave on October 30, marking an unusual rejection in 2025’s merger-heavy crypto landscape.
Canaan Inc. will deploy Avalon A1566HA hydro-cooled mining servers in Japan to help balance power-grid loads for a regional utility by end of 2025.
TeraWulf signed a 25-year, $9.5 billion lease with Fluidstack to deploy 168 MW of AI infrastructure at its Texas campus, with Google backing $1.3 billion.
Bitcoin and Ethereum prices recover suddenly, with the broader crypto market seeing a rally of almost 2% on eased macroeconomic tensions
Hive Digital Technologies secured a deal to build a 100-megawatt hydroelectric-powered data center in Paraguay, expanding its renewable mining operations to 400 MW total capacity.
British Columbia plans to ban new crypto mining to protect electricity for industry. France uses surplus power for Bitcoin mining to earn $150M.
CleanSpark established a new $100 million Bitcoin-backed credit facility with Two Prime, bringing its total collateralized lending capacity to $400 million for data center expansion and HPC initiatives.
AI infrastructure firm Fluidstack secures a $3 billion, 10-year agreement with crypto miner Cipher for 168 MW of IT load, with Google backing $1.4 billion of lease obligations for a 5.4% equity stake.
Bitcoin mining stocks dramatically outperformed Bitcoin in September 2025, with Bitfarms surging 132% and Cipher Mining gaining 40%. The sector’s pivot toward AI infrastructure drove exceptional investor interest.
Bitcoin mining difficulty has climbed to an ATH of 136 trillion, putting pressure on mining profitability.
Nasdaq’s new measures require companies to seek shareholder approval before issuing shares to finance cryptocurrency purchases, aiming to curb crypto rebranding attempts.
Iranian officials report cryptocurrency mining operations consume equivalent power of two nuclear reactors, contributing significantly to nationwide electricity shortages during record summer heat.
Russia has launched a national crypto mining registry to reduce illegal mining activity.
The IMF executives believe that higher taxation might encourage AI data centers and crypto miners to use more energy-efficient equipment and thereby undertake less energy-intensive operations.
Paraguay’s dilemma comes as Bitcoin miners brace up for an all-important Bitcoin halving event 2024.