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Kentucky’s Bitcoin Boom Has Gone Bust

Wired LogoWired16h ago

Kentucky’s Bitcoin Boom Has Gone Bust - Wired

Quick Summary:

In the US state's coal country, crypto mining was supposed to bring renewal.

Now mines are powering down, and investors are hoping AI-powered data centers will fill the void.

And the question some are asking now, with bitcoin hovering around $100,000 and big miners talking about pivoting to AI, is whether bitcoin mining gets a second wind in Kentucky.

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Kentucky’s Bitcoin Boom Has Gone Bust - Wired (Picture 1)Kentucky’s Bitcoin Boom Has Gone Bust - Wired (Picture 2)Kentucky’s Bitcoin Boom Has Gone Bust - Wired (Picture 3)Kentucky’s Bitcoin Boom Has Gone Bust - Wired (Picture 4)Kentucky’s Bitcoin Boom Has Gone Bust - Wired (Picture 5)

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Article Details

Author / Journalist: Dina Temple-Ralston

Category: TechnologyEconomy

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-23 @ 11:00:00 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: wired.com

Language: English

Article Length: 2139 words

Reading Time: 12 minutes read

Sentences: 91 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Wired

News ID: 28924086

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About Wired

Main Topics: TechnologyEconomy

Official Website: wired.com

Update Frequency: 17 posts per day

Year Established: 1993

Headquarters: United States

News Last Updated: 10 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #111

Publisher Details

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The story "Kentucky’s Bitcoin Boom Has Gone Bust" was covered 16 hours ago by Wired, a news publisher based in United States.

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  • News ID: #28924086
  • URL: https://tex.beamstart.com/news/kentuckys-bitcoin-boom-has-gone-17480002424194

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