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Bitcoin mining company IREN almost completely stopped mining at the end of the year! AI revenue surged 182%, mining revenue plummeted 58%, and stock prices rebounded 20% in a single day

Bitcoin mining companies accelerate their transformation to AI, and IREN officially enters the final stage of bidding farewell to mining! It is expected to substantially complete the business transformation by December 31 this year and shift data center resources to AI computing. Despite strong growth in its AI business, the company still lost $263 million in a single quarter. The stock price plummeted nearly 17% after the earnings report was released, but rebounded by 20.02% on November 6. 〈Bitcoin mining company IREN almost completely stopped mining at the end of the year! AI revenue surged by 182%, mining revenue plummeted by 58%, and stock prices rebounded by 20% in a single day. This article was first published on "Block Guest".

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Crypto

Bitcoin mining company IREN almost completely stopped mining at the end of the year! AI revenue surged 182%, mining revenue plummeted 58%, and stock prices rebounded 20% in a single day

Bitcoin mining companies accelerate their transformation to AI, and IREN officially enters the final stage of bidding farewell to mining! It is expected to substantially complete the business transformation by December 31 this year and shift data center resources to AI computing. Despite strong growth in its AI business, the company still lost $263 million in a single quarter. The stock price plummeted nearly 17% after the earnings report was released, but rebounded by 20.02% on November 6. 〈Bitcoin mining company IREN almost completely stopped mining at the end of the year! AI revenue surged by 182%, mining revenue plummeted by 58%, and stock prices rebounded by 20% in a single day. This article was first published on "Block Guest".

Blockcast 鏈報
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Zcash NU7 upgrade is officially launched! Block generation speed is 3 times faster, more than 12,000 ZEC are frozen

The privacy coin Zcash (ZEC) has officially completed the NU7 mainnet upgrade, shortening the target block time from 75 seconds to 25 seconds, theoretically increasing the transaction confirmation speed by 3 times. However, the new version of the protocol also deactivated the old version of the transaction format, resulting in approximately 12,224 ZEC in the earliest Sprout privacy pool unable to be transferred out. 〈Zcash NU7 upgrade is officially launched! Block generation speed is 3 times faster, more than 12,000 ZEC are frozen> This article was first published on "Block Guest".

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Crypto

Zcash NU7 upgrade is officially launched! Block generation speed is 3 times faster, more than 12,000 ZEC are frozen

The privacy coin Zcash (ZEC) has officially completed the NU7 mainnet upgrade, shortening the target block time from 75 seconds to 25 seconds, theoretically increasing the transaction confirmation speed by 3 times. However, the new version of the protocol also deactivated the old version of the transaction format, resulting in approximately 12,224 ZEC in the earliest Sprout privacy pool unable to be transferred out. 〈Zcash NU7 upgrade is officially launched! Block generation speed is 3 times faster, more than 12,000 ZEC are frozen> This article was first published on "Block Guest".

Blockcast 鏈報
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Bitget was criminally reported by Thailand SEC! Block websites and apps on December 5, urging users to dispose of assets

The Securities and Exchange Commission of Thailand announced that it has filed a criminal complaint against Bitget operator BG Limited and a person who helped promote the platform, accusing them of operating a digital asset exchange without a license. The regulatory agency also notified relevant departments to block local access to the Bitget website and App starting from December 5, 2026. 〈Bitget was criminally reported by Thailand SEC! Blocked websites and apps on December 5, urging users to dispose of assets. This article was first published on Blockchain.

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Crypto

Bitget was criminally reported by Thailand SEC! Block websites and apps on December 5, urging users to dispose of assets

The Securities and Exchange Commission of Thailand announced that it has filed a criminal complaint against Bitget operator BG Limited and a person who helped promote the platform, accusing them of operating a digital asset exchange without a license. The regulatory agency also notified relevant departments to block local access to the Bitget website and App starting from December 5, 2026. 〈Bitget was criminally reported by Thailand SEC! Blocked websites and apps on December 5, urging users to dispose of assets. This article was first published on Blockchain.

Blockcast 鏈報
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AI stocks suffered a bloodbath! U.S. election impacts data center, trillion dollar investment returns questionable

A new round of panic selling broke out in U.S. AI technology stocks! When U.S. stocks closed on November 5, the Nasdaq Composite Index plummeted 5.52%, the Philadelphia Semiconductor Index plummeted 12.2%, Huida fell 9.3%, and Super Micro dropped 17.3%, making the AI ​​topic the sector with the heaviest selling pressure on Wall Street. 〈AI stocks suffered a bloodbath! The U.S. election impacts the data center, and investment returns of trillions of dollars are questioned> This article was first published on "Block Guest".

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Crypto

AI stocks suffered a bloodbath! U.S. election impacts data center, trillion dollar investment returns questionable

A new round of panic selling broke out in U.S. AI technology stocks! When U.S. stocks closed on November 5, the Nasdaq Composite Index plummeted 5.52%, the Philadelphia Semiconductor Index plummeted 12.2%, Huida fell 9.3%, and Super Micro dropped 17.3%, making the AI ​​topic the sector with the heaviest selling pressure on Wall Street. 〈AI stocks suffered a bloodbath! The U.S. election impacts the data center, and investment returns of trillions of dollars are questioned> This article was first published on "Block Guest".

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Bitcoin ETF stops bleeding in just one day! Fidelity withdrew $200 million, and BTC and ETH funds lost a total of $530 million

The U.S. spot Bitcoin ETF’s capital inflow only lasted for one day before it suffered another large-scale withdrawal! On November 5, the U.S. spot Bitcoin ETF saw a single-day net outflow of US$430.2 million, and the Ethereum ETF simultaneously lost US$99.9 million. The total withdrawal of the two was as high as US$530.1 million. Fidelity's FBTC saw a net outflow of approximately US$200 million in a single day, and market buying weakened again. 〈Bitcoin ETF stops bleeding in just one day! Fidelity withdrew US$200 million, and BTC and ETH funds lost a total of 530 million. This article was first published on "Blocker".

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Crypto

Bitcoin ETF stops bleeding in just one day! Fidelity withdrew $200 million, and BTC and ETH funds lost a total of $530 million

The U.S. spot Bitcoin ETF’s capital inflow only lasted for one day before it suffered another large-scale withdrawal! On November 5, the U.S. spot Bitcoin ETF saw a single-day net outflow of US$430.2 million, and the Ethereum ETF simultaneously lost US$99.9 million. The total withdrawal of the two was as high as US$530.1 million. Fidelity's FBTC saw a net outflow of approximately US$200 million in a single day, and market buying weakened again. 〈Bitcoin ETF stops bleeding in just one day! Fidelity withdrew US$200 million, and BTC and ETH funds lost a total of 530 million. This article was first published on "Blocker".

Blockcast 鏈報
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Gilded statue in DC mocks Trump for ‘dodging’ Vietnam war draft over bone spurs

New statue titled The Foot Soldier was installed on the National Mall just two days before Veterans Day

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Why is India trying to broker a Russia-Ukraine Black Sea food corridor?

India has influence with both sides, but shipping security and Russia’s cooperation remain major obstacles.

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What is Neocloud? GPU cloud, AI computing power and representative company introduction

Neocloud is a cloud provider that focuses on AI and high-performance computing. It usually provides GPU computing power, as well as supporting network, storage and work scheduling tools.

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What is Ledger? Cold wallet models, Ledger Wallet settings and currency transfer tutorials

Ledger is a company that provides hardware wallets and crypto asset management software. Its hardware device is used to store keys and sign transactions, and is used with Ledger Wallet on a computer or mobile phone to query accounts, obtain payment addresses, and send transactions. The balance of crypto assets is recorded on the blockchain, and the device controls the keys required to operate the corresponding account.

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Crypto

What is Ledger? Cold wallet models, Ledger Wallet settings and currency transfer tutorials

Ledger is a company that provides hardware wallets and crypto asset management software. Its hardware device is used to store keys and sign transactions, and is used with Ledger Wallet on a computer or mobile phone to query accounts, obtain payment addresses, and send transactions. The balance of crypto assets is recorded on the blockchain, and the device controls the keys required to operate the corresponding account.

桑幣區識 Zombit
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Anthropic priced at US$70-78 per share, with TSMC and Huida simultaneously investing in shares

Anthropic submitted the second revised version of its prospectus on November 10, with an IPO price range of US$70 to US$78 per share, code name ANT, issuing 825 million shares, and a scale of approximately US$64.4 billion; Google, Huida, AMD, Broadcom, Micron, Microsoft and TSMC will simultaneously raise US$26 billion in private placements, with the founder LLC holding 50.1% of the voting rights. This article Anthropic priced at US$70-78 per share, with TSMC and Huida taking shares simultaneously appeared first on Chain News ABMedia.

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Crypto

Anthropic priced at US$70-78 per share, with TSMC and Huida simultaneously investing in shares

Anthropic submitted the second revised version of its prospectus on November 10, with an IPO price range of US$70 to US$78 per share, code name ANT, issuing 825 million shares, and a scale of approximately US$64.4 billion; Google, Huida, AMD, Broadcom, Micron, Microsoft and TSMC will simultaneously raise US$26 billion in private placements, with the founder LLC holding 50.1% of the voting rights. This article Anthropic priced at US$70-78 per share, with TSMC and Huida taking shares simultaneously appeared first on Chain News ABMedia.

鏈新聞 ABMedia
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