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Activist Investor Starboard Has Built Stake in Bitcoin Miner Riot: WSJ
12.12.2024
Starboard is reportedly pushing the miner to convert some of its mining sites into data centers
Hut 8 Rises 12% Pre-Market Amid Social-Media Talk of Partnership With Meta
12.12.2024
HUT shares climbed to just under $30 as of 10:00 UTC, over 11.75% higher than its Wednesday closing price of $26.69
Microsoft touts next-gen data centers that don’t consume water for cooling
10.12.2024
Microsoft says its latest “closed loop” water recycling data center design would save 125 million liters of water annually per facility
Microsoft touts next-gen data centers that don’t consume water for cooling
10.12.2024
Microsoft said its latest “closed loop” water-recycling data center design could save 125 million liters of water annually per facility
BIT Mining Acquires Ethiopian Data Centers and Mining Machines
5.12.2024
BIT Mining (NYSE: BTCM) has agreed to acquire 51-megawatt crypto mining data centers and 17,869 bitcoin mining machines in Ethiopia for $14.28 million. The consideration comprises a cash payment of $2.265 million and the issuance of Class A ordinary shares of the Company with a par value...
Bitcoin Miner IREN Surges on Renewed AI Interest, Possible BTC Dividend Payment
27.11.2024
IREN is seeing a resurgence of interest from tech data centers to host their AI-related computing machines.Company executives also see the potential to pay a dividend in 2025.The shares rose nearly 30% after the earnings conference call, outperforming peers
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