BTC logo
BTC
$111,368.96
0.57%
ETH logo
ETH
$4,046.75
1.39%
USDT logo
USDT
$1.0004
0.05%
BNB logo
BNB
$1,175.33
0.90%
XRP logo
XRP
$2.4437
2.03%
SOL logo
SOL
$195.83
3.41%
USDC logo
USDC
$0.9999
0.02%
TRX logo
TRX
$0.3229
1.46%
DOGE logo
DOGE
$0.1991
1.61%
ADA logo
ADA
$0.6784
1.88%
HYPE logo
HYPE
$38.72
4.18%
LINK logo
LINK
$18.42
1.53%
USDE logo
USDE
$0.9999
0.05%
XLM logo
XLM
$0.3276
1.87%
BCH logo
BCH
$525.35
1.33%
SUI logo
SUI
$2.7092
3.52%
AVAX logo
AVAX
$22.16
1.90%
WBT logo
WBT
$42.24
0.33%
LEO logo
LEO
$9.6321
0.01%
HBAR logo
HBAR
$0.1821
2.95%
BTC logo
BTC
$111,368.96
0.57%
ETH logo
ETH
$4,046.75
1.39%
USDT logo
USDT
$1.0004
0.05%
BNB logo
BNB
$1,175.33
0.90%
XRP logo
XRP
$2.4437
2.03%
SOL logo
SOL
$195.83
3.41%
USDC logo
USDC
$0.9999
0.02%
TRX logo
TRX
$0.3229
1.46%
DOGE logo
DOGE
$0.1991
1.61%
ADA logo
ADA
$0.6784
1.88%
HYPE logo
HYPE
$38.72
4.18%
LINK logo
LINK
$18.42
1.53%
USDE logo
USDE
$0.9999
0.05%
XLM logo
XLM
$0.3276
1.87%
BCH logo
BCH
$525.35
1.33%
SUI logo
SUI
$2.7092
3.52%
AVAX logo
AVAX
$22.16
1.90%
WBT logo
WBT
$42.24
0.33%
LEO logo
LEO
$9.6321
0.01%
HBAR logo
HBAR
$0.1821
2.95%
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Michael Novogratz's Galaxy Looks to AI Computing as Bitcoin Mining Revenue Falls

The firm signed a non-binding deal with a hyperscaler firm to potentially allocate all of its 800 megawatts power to hosting high-performance computers.

By Aoyon Ashraf|Edited by Sheldon Reback
Updated Nov 7, 2024, 4:09 p.m. Published Nov 7, 2024, 3:30 p.m.
Mike Novogratz, Galaxy Founder and CEO, speaks at Consensus 2024 (CoinDesk/Shutterstock/Suzanne Cordiero)
Mike Novogratz, Galaxy Founder and CEO, speaks at Consensus 2024 (CoinDesk/Shutterstock/Suzanne Cordiero)