Crypto’s mining actions jumped on Tuesday after Nebius Group announced a five -year agreement to supply Microsoft (MSFT) with graphic processing units valued at $ 17.4 billion.
The agreement, aimed at reinforcing Microsoft’s artificial intelligence infrastructure, caused investor enthusiasm for companies with large -scale computer power, Bitcoin Miners among them.
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The rally in mining actions even when Bitcoin In itself it gave an early advance and decreased by approximately 1% to $ 111,100 in the last 24 hours. The contrast stressed how investors’ attention is increasingly linked to the mining roles infrastructure that could perform in the AI boom instead of only Bitcoin’s price action.
Leadership was a gain of 22% for bitfarms (Bitf)While Cipher Mining actions (Encryption) increased 20%. Iren (Iren)Cabaña 8 (CABIN)Riot platforms (RIOT) and Terawulf (Wulf) They were uploading percentages of mid -adolescence.
Interestingly, the interpreter of the weakest sector was Mara Holdings, which in recent months has positioned himself as a Bitcoin Treasury company, instead of the high -performance computer player. Mara’s shares were higher in just 4% on Tuesday.
Large movements reflect the changing reality of the industry. For years, the mining profitability was largely issued by the reduction cycle of half of the four years of Bitcoin, when block rewards are cut in half. That rhythm no longer dominates, leaving companies exposed to increasing energy costs, the implacable hardware and competition intensification production. Hardware manufacturers like Bitmain continue to expand, adding pressure to a field already full of people.
At the same time, AI is remodeling the business model. Miners with large traces of energy and advanced computer infrastructure are exploring ways to lease the capacity of hyperscalers or pivot to data centers. The Nebius-Microsoft agreement highlighted how the valuable access to the GPU has become and why the markets are rewarding miners with scalable infrastructure.
