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Nvidia sees bright future in agentic AI amid record Q3 revenue
21.11.2024
The world’s most valuable company is focusing on AI systems or agents designed to exhibit autonomous decision-making
The Subtle Way AI Data Centers Boost Bitcoin Mining Economics
20.11.2024
The competition for cheap electrons could establish a floor for hashprice, or at least slow down hashrate growth
Load variability is key to AI energy infrastructure — TeraWulf CTO
7.11.2024
United States lawmakers believe Building energy infrastructure for Bitcoin mining, AI, and high-performance computing is a major priority
Tech giant’s failed AI energy deals could pull power from Bitcoin
6.11.2024
Bitcoin miners could be squeezed out by deep-pocketed tech giants that can outbid them for prime power sources.
Tech giant’s failed AI energy deals could pull power from Bitcoin
6.11.2024
Bitcoin miners could be squeezed out by deep-pocketed tech giants that can outbid them for prime power sources.
Inside DMG Blockchain’s Plan for Canada’s First Indigenous-Led AI Data Centers
22.10.2024
The bitcoin mining company and vertically integrated blockchain firm DMG Blockchain Solutions has announced a partnership with Malahat Nation to develop Canada’s first Indigenous-led artificial intelligence (AI) data centers. The project, designed to utilize clean energy, is expected to expand...
Northern Data wants to sell Peak Mining to invest in AI expansion
21.10.2024
The Tether-backed company is talking to interested parties, it said. It may also see an IPO on the Nasdaq next year
MARA Launches Pilot to Harness Shale Gas for Bitcoin Mining Operations
8.10.2024
MARA, one of the largest bitcoin miners in the public market, has kicked off an exciting new pilot program aimed at powering its operations with excess natural gas from U.S. shale, as noted in a report from Reuters. This initiative emerges amidst an ongoing battle for electricity between artificial...
Bitcoin Miner Terawulf Offloads 25% Stake in Equity to Bolster AI and HPC Operations
4.10.2024
Bitcoin miner Terawulf Inc. has completed the sale of its 25% stake in the Nautilus Cryptomine joint venture for approximately $92 million. The company said this week that it intends to use the proceeds to expand its high-performance computing (HPC) and artificial intelligence (AI) infrastructure...
Hive Digital expands focus from crypto mining to AI data centers
30.9.2024
Hive’s strategy targets meeting the rising demand for AI computing while boosting its balance sheet with green-mined Bitcoin
BTC Miner Cathedra Shifts Focus to Bitcoin Acquisition Strategy
17.9.2024
Cathedra Bitcoin Inc. has announced a significant shift in its corporate strategy, moving away from bitcoin mining to focus on growing its bitcoin holdings. The company aims to increase its shareholders’ bitcoin per share through a strategy similar to that of Microstrategy, which has gained...
AI execs visit White House to discuss energy infrastructure
12.9.2024
According to a Goldman Sachs report, the demand for electrical power in the United States will grow approximately 2.4% by 2030
Bitcoin Miner Iris Energy Increases Mining Output by 10%
5.9.2024
Iris Energy has reported a 10% increase in bitcoin production during August 2024, with the company mining 245 bitcoin. The improvement is attributed to higher operational efficiency and reduced electricity costs following the company’s transition to spot pricing. Iris Energy’s Bitcoin Mining...
Converting mining sites to AI data centers isn't seamless: Sabre56 CEO
4.9.2024
According to CEO Phil Harvey, Bitcoin miners will average roughly $1.50 in revenue per terahash every month during the current market cycle
Iris Energy Acquires 39,000 Bitmain S21 XP Antminers, Eyes 30 EH/s in 2024
29.8.2024
Bitcoin miner and high-performance computing (HPC) firm Iris Energy Limited has secured 10 exahash per second (EH/s) of Bitmain’s S21 XP Antminers, positioning the bitcoin mining company to reach 30 EH/s by the end of 2024. Iris Energy Expands Mining Capacity and AI Cloud Services Iris...
IMF Economists Suggest Electricity Tax to Lower Crypto and AI Environmental Impact
17.8.2024
International Monetary Fund (IMF) economists have warned of the environmental impact of crypto mining and AI data centers, which are projected to increase global electricity consumption to 3.5% by 2027, leading to higher carbon emissions. Proposing a targeted electricity tax, the authors estimate...
IMF Proposes 85% Tax Hike on Crypto Miners & AI Data Centers
16.8.2024
The International Monetary Fund (IMF) has proposed a tax increase on crypto mining and artificial intelligence (AI) data…
Bitcoin Miner Cleanspark Acquires Wyoming Mining Site
2.8.2024
Cleanspark Inc. has completed the acquisition of its first bitcoin (BTC) mining site in Wyoming and secured 75 megawatts (MW) of power contracts. The Las Vegas-based company plans to add over 2 exahash per second (EH/s) to its mining capacity through a 30 MW immersion-cooled data center expected...
Bitcoin Miner Iris Energy Expands Power Capacity at Texas Data Center
24.7.2024
Iris Energy Limited has announced an increase in its power capacity at the Childress site in Texas from 600 megawatts (MW) to 750 MW. This expansion follows approval from the Electric Reliability Council of Texas (ERCOT) and an amended connection agreement with American Electric Power (AEP). Iris...
Bitcoin Miner Northern Data AG Announces 20% Capital Increase With a $233M Investment From Tether
15.7.2024
On Monday, Northern Data AG said it has resolved to increase its share capital by 20%, planning to raise €214 million ($233 million) through the issuance of new shares. The company aims to enhance its cloud platform and expand its data centers in Europe and the United States. Bitcoin Miner...