Cango Inc., a Shanghai-based automotive transaction service platform, announced that it had completed the $256M cash-settled ...

The cost of Ant mining machines in China, developed and produced by Bitmain, has increased 30% from the previous year.

Crypto mining uses a ton of electricity. And now, the miners have competition: AI firms, which are also an energy suck.

Billionaire Andrew Forrest’s Fortescue is deepening investments to decarbonize the iron ore giant ... emissions-free machines to replace two-thirds of the company’s mining fleet in western ...