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Home / More News / Terawulf and IREN Bet Big on AI as Bitcoin Mining Revenue Shrinks

Terawulf and IREN Bet Big on AI as Bitcoin Mining Revenue Shrinks

  Crypto Today
Terawulf and IREN Bet Big on AI as Bitcoin Mining Revenue Shrinks
Terawulf logoDespite top-line growth, Terawulf’s operating loss widened to $88.2 million in Q3 while IREN saw bitcoin mining revenue fall 88% year-over-year. Operating Losses Widen Amid Rising Costs For the third quarter of 2026, U.S. digital infrastructure provider Terawulf generated $76.2 million in total revenue, a significant year-over-year (YoY) increase driven primarily by its high-performance computing […]

Source: Bitcoin.com News


  Crypto Today