AI/HPC revenue doubles... Hashrate of three mining companies drops 49% in Q3 compared to Q2
Original headlineAI·HPC 매출 두 배…2분기 대비 3분기 세 채굴사 해시레이트 49% 감소
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Iris Energy ($IREN), Core Scientific ($CORZ), and TeraWulf ($WULF) more than doubled combined AI/HPC revenue and lease income to roughly $478 million in Q3 from about $239 million in Q2, according to TheEnergyMag. Over the same period, their combined realized hashrate derived from bitcoin production fell 49%, from 32.8 EH/s to 16.8 EH/s, underscoring a shift in compute capacity toward AI and high-performance computing. The figures aggregate each firm's AI cloud, data center colocation, and HPC leasing lines rather than a single identical service, so the totals are not directly comparable across companies. The divergence matters because it shows these miners monetizing infrastructure for AI workloads even as their bitcoin output capacity declines. Watch upcoming quarterly disclosures for whether AI/HPC revenue keeps scaling and how far realized hashrate falls further.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Core Scientific, TeraWulf, IREN, Bitcoin (BTC)
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