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Why crypto miners are ditching debt for equity
30.8.2024
Crypto miners are moving away from debt and embracing stock dilution to fuel their AI and HPC ambitions, but the payoff is still uncertain
Cipher Mining Boosts Bitcoin Data Center Portfolio With 300 MW Texas Site Purchase
29.8.2024
This week, Cipher Mining Inc. revealed that it has acquired a sprawling 250-acre property in West Texas, which includes a 300-megawatt (MW) data center. The company also highlighted that this location is ideal for high-performance computing (HPC) services. Cipher Mining Grows to 2.5 GW Portfolio...
President Trump and New York governor propose shift to nuclear energy
27.8.2024
According to data from SMR Nuclear, nuclear energy plants produce 441,398,880 megawatt-hours of energy throughout their lifetimes
Trump and New York governor propose shift to nuclear energy
27.8.2024
According to data from SMR Nuclear, nuclear energy plants produce 441,398,880 megawatt-hours of energy throughout their lifetimes
Bit Digital Expands AI and HPC Footprint, Signs $700 Million Agreement With Boosteroid
20.8.2024
Bit Digital, Inc. has shared an update on its journey into artificial intelligence (AI) services by securing a binding term sheet with Boosteroid Inc., a major player in the cloud gaming industry. This partnership highlights Bit Digital’s strategic direction, which focuses on enhancing...
Bitcoin Miner Bitdeer Unveils $150M Convertible Notes Offering With 8.5% Yield
17.8.2024
Bitdeer Technologies Group has set the stage for a $150 million convertible notes offering, featuring an annual interest rate of 8.5%. The deal is scheduled to wrap up on Aug. 20, 2024. This move aligns with a broader trend in the bitcoin mining sector, where firms have collectively secured $2.1...
SingularityNET to invest $53M in AI infrastructure, modular supercomputer
23.7.2024
The investment includes modular data centers and high-performance AI infrastructure for advancements in deep neural networks and large language models
IREN tumbles after short seller calls miner ‘Prius at the Grand Prix’
12.7.2024
Crypto miner IREN, formerly known as Iris Energy, fell 24% on the Nasdaq following a short-seller report
IREN tumbles after short seller calls miner ‘Prius at the Grand Prix’
12.7.2024
Crypto miner IREN, formerly known as Iris Energy, fell 24% on the Nasdaq following a short-seller report
Bitcoin miner TeraWulf is open to merger but not for ‘empire building’
8.7.2024
Expanding the number of Bitcoin machines or facilities “makes no sense” if profitability margins don’t increase, TeraWulf’s Kerri Langlais stressed
Bitcoin miner TeraWulf is open to merger but not for ‘empire building’
8.7.2024
Expanding the number of Bitcoin machines or facilities “makes no sense” if profitability margins don’t increase, TeraWulf’s Kerri Langlais stressed
Bitcoin Mining Firm Bitdeer Partners With Ohio Port Authority for 570 MW Expansion
28.6.2024
Bitdeer Technologies Group has signed a lease agreement with the Monroe County Port Authority to secure an additional 570 megawatts (MW) of power capacity. This expansion brings Bitdeer’s total global capacity to 2.5 gigawatts (GW). Bitdeer Expands Power Capacity With New Partnership in Ohio...
ceτi AI Acquires Big Energy Investments Inc. to Boost Its High-Performance Computing Capabilities in North America
18.4.2024
PRESS RELEASE. Vancouver, Canada — April 18th, 2024 – ceτi AI, a leader in decentralized artificial intelligence infrastructure, is pleased to announce its acquisition of Canadian company Big Energy Investments Inc., a firm specializing in strategic investment in high-performance computing...
Bitcoin Miner Hive Diversifies Into AI, Acquires 96 Nvidia GPUs to Boost High-Performance Computing Operations
15.12.2023
On Friday, Hive Digital, based in Vancouver and specializing in bitcoin mining and high-performance computing (HPC), announced its foray into artificial intelligence (AI) and HPC technologies. This strategic move involves acquiring 96 Nvidia H100 graphics processing units (GPUs). From Bitcoin...
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...
Canaan Cuts Bitcoin Mining Power by 2 EH/s Amid US, Kazakhstan Challenges
20.8.2023
Canaan, a leading high-performance computing firm and mining rig producer, recently disclosed hurdles set to dent its bitcoin mining activities and revenue from Q3 2023 onward. These setbacks primarily stem from diminished operational hours of their mining devices. This revelation comes hot on...
Hut8 relocates 6,400 rigs, sees growth in AI & high performance computing
3.7.2023
Bitcoin mining firm Hut8 continues to relocate miners from idle North Bay site as demand for AI and high power computing drives new demand
Bitcoin Miner Iris Energy Turns to High-Performance Computing Amid Rising AI Demand
21.6.2023
The Nasdaq-listed Bitcoin mining firm Iris Energy has announced its expansion plans to cater to the rising demand of data centers for AI.
The mining firm will expand to 9.1 EH/s (exahashes per second) and revitalize its high-performance computing (“HPC”) data center strategy, as per a press...
Bitcoin Miner Iris Energy Revives High-Performance Computing Strategy Amid Booming Interest in AI
20.6.2023
Miners are increasingly looking to fill data center space with AI and cloud computing