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How Bitcoin Miners Are Tapping Into the AI Gold Rush – Part 2
13.10.2024
The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and industry insights. Originally published on Sept. 3, 2024, it was penned by Bitcoinminingstock.io author Cindy Feng. In the piece, Feng follows up on her first...
How Bitcoin Miners Are Tapping Into the AI Gold Rush – Part 1
13.10.2024
The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and industry insights. Originally published on Aug. 29, 2024, it was penned by Bitcoinminingstock.io author Cindy Feng. In the piece, Feng explores how bitcoin miners...
Nigerian Fintech Okra Launches Cloud Unit to Boost Revenue
11.10.2024
Nigerian fintech startup Okra has entered the cloud infrastructure market in West Africa with its new subsidiary, Nebula. The move aims to diversify revenue and mitigate economic risks. Nebula offers a more affordable alternative to global cloud providers and aligns with the government’s push...
Free online service model might be coming to an end—Mental Outlaw
15.9.2024
According to Visual Capitalist, Amazon Web Services, Google, and Microsoft collectively control roughly 74% of the public cloud market.
Free online service model might be coming to an end—Mental Outlaw
15.9.2024
According to Visual Capitalist, Amazon Web Services, Google, and Microsoft collectively control roughly 74% of the public cloud market.
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...
ASI Alliance calls for decentralized cloud infrastructure in AI development
5.9.2024
The ASI Alliance urges decentralization in cloud services to mitigate vulnerabilities in AI development, ensuring both security and innovation
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...
China accessing high-level AI chips banned by the US: Report
23.8.2024
Documents have surfaced revealing state-linked Chinese entities using Amazon cloud services or similar services to access advanced AI chips and capabilities banned by the US.
How decentralization could have prevented the global Microsoft meltdown
26.7.2024
The recent Microsoft failure shows how vulnerable centralized systems are
Coca‑Cola pours $1.1B into generative AI experiment with Microsoft
24.4.2024
Microsoft intends to use services like Azure OpenAI Service and Copilot for Microsoft 365 to help drive AI innovation for the Coca‑Cola Company and its network of independent bottlers worldwide
Study: Blockchain Investment Leads in Performance Among Cybersecurity Startups
23.2.2024
A new study put together by Swiss researchers has declared blockchain the best performer in cybersecurity startups, beating out heavyweight fields like Artificial Intelligence and cloud services for the top spot. The study, titled “Measuring the performance of investments in information...
Bitcoin Miner Iris Energy Inks AI Cloud Services Deal With Poolside AI
9.2.2024
The bitcoin mining corporation Iris Energy, listed on the Nasdaq, has declared its entry into a cloud services partnership with the artificial intelligence (AI) startup Poolside AI. The collaboration with Poolside comes after Iris acquired 248 Nvidia H100 graphics processing units (GPUs) for...
Microstrategy’s Bitcoin Investment Flourishes, Netting $1.6 Billion Profit
4.12.2023
Recent statistics reveal that Microstrategy, a company known for its business intelligence, mobile software, and cloud services, has seen a significant increase of over 30% in its bitcoin investments. The company invested a total of $5.314 billion, with the current value of its bitcoin cache...
Publicly-Listed Bitcoin Miner Bitdeer Expands Into AI With Nvidia
10.11.2023
Several bitcoin mining enterprises are shifting their focus to artificial intelligence (AI) computing and cloud services. In a recent development, the publicly traded blockchain and high-performance computing company Bitdeer, disclosed its expansion into AI. This strategic move involves providing...
Northern Data Secures $600 Million Loan From Tether Amidst AI Hardware Investment Spree
3.11.2023
Northern Data Group has confirmed a €575 million ($610M) debt financing from Tether Group, a signal of heightened activity in the high-performance computing sector responding to the artificial intelligence (AI) demand surge. The firm detailed that the funding is poised to advance Northern...
US official confirms military concerns over China’s access to cloud technology
23.10.2023
The confirmation comes as tensions between the U.S. and China continue to rise
Google Cloud to digitize El Salvador's governance, healthcare and education
30.8.2023
Google Cloud and the government of El Salvador have entered into a 7-year partnership to digitize the country’s infrastructure in various sectors
Axelar partners with Microsoft for hybrid blockchain solutions
11.7.2023
Through the collaboration, Axelar will be the first cross-chain protocol to join Microsoft’s Azure marketplace
US reportedly plans to restrict China’s access to cloud computing services
5.7.2023
Report says sources close to the situation have said U.S. officials plan to restrict Chinese companies’ access to cloud computing services as a security measure