123: Crypto Mining in Need of Creatine?

This week, Galaxy Digital walked away from Bitcoin Mining and signed a $4.5B AI compute deal. This might reshape the entire crypto cycle

Then: One of the top 20 chains, collapsed 90%. And it's a disgrace for the entire industry.

This wasn’t some obscure rugpull or sketchy project no one’s heard of. Mantra was one of the most hyped RWA projects in the space, legitimized by major platforms (incl. Cointelegraph & Paris Blockchain Week) because they threw money at them. No clear answers on what happened.

Let’s be clear: With events like this, the industry is failing itself. Stand up, speak up. We must do better. It's time to clean the house.

Think Gartner-style market maps, use-cases, maturity scores, and side-by-side vendor benchmarks — but built for the pace of Web3 & AI.

Galaxy Digital just walked away from Bitcoin mining and signed a $4.5B, 15-year deal with CoreWeave to use its flagship datacenter "Helios" in Texas for AI infrastructure.

Why it matters: Miners are swapping crypto's uncertainty for AI's stability and it might reshape the entire crypto cycle.

What you should know: Galaxy Digital signed a 15-year lease agreement with CoreWeave to deliver 133 MW of Critical IT Load (200 MW total) at the Helios campus.