CoreWeave Rumours, IREN Production & Soluna DeepSeek News!

The Bitcoin mining sector faces turbulence with BTC retreating to $88,000 and mining stocks following suit ahead of tomorrow's White House crypto summit that could bring significant policy developments.

• Core Scientific stock drops 14% on unsubstantiated rumors about Microsoft pulling back from contracts with CoreWeave
• CoreWeave denies any Microsoft contract cancellations despite market reaction
• Core Scientific share price has retreated to June 2023 levels despite significant operational growth
• IREN mines 459 Bitcoin in February with industry-leading 15.0 J/TH efficiency
• IREN's operational hash rate at 28.7 EH/s with 31 EH/s installed, targeting 50 EH/s by mid-2024
• IREN's AI cloud services revenue increases 50% month-over-month to $1.2M with 96% margins
• Soluna Cloud partnering with Atlas Cloud to power DeepSeek R1 offering with 128 NVIDIA H100 GPUs
• Texas SB21 bill successfully passes, providing regulatory clarity for Bitcoin miners
• Major mining companies becoming more politically engaged ahead of White House crypto summit

Check out www.powermininganalysis.com to follow the competition standings and explore additional minor content including audio podcasts and live miner metrics.

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