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Bitcoin Miner Iris Energy Dives into Generative AI, Investing $10M in Nvidia GPUs Amidst Soaring Demand
31.8.2023
On August 29, the publicly traded bitcoin mining entity, Iris Energy, revealed its acquisition of 248 Nvidia H100 graphics processing units (GPUs) at a cost of $10 million. While the company emphasized that its primary focus remains on BTC mining, it views generative artificial intelligence (AI)...
Iris Energy buys 248 Nvidia GPUs worth $10M for generative AI & Bitcoin mining
29.8.2023
Iris Energy has invested $10 million in the latest generation Nvidia GPUs to explore generative AI while it continues to focus on Bitcoin mining
5 real-world Python applications
28.8.2023
From web development frameworks to machine learning libraries, Python’s versatility is driving innovation across the board
UK to spend $130M on AI chips amid scramble to buy up computing power
21.8.2023
The chips will be used to set up an AI resource as a recent report said 20% of firms can’t get enough computing power for AI
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...
UK Researchers Claim New Tech Supercharges Bitcoin Mining With 260% Faster Hash Detection, Slashes Energy Use
19.8.2023
Quantum Blockchain Technologies (QBT), a research firm hailing from the U.K., purports to have spearheaded a revolutionary leap in bitcoin mining tech. They’ve unveiled certain methods that reportedly enhance the chances of pinpointing a winning hash. One such strategy, dubbed “Method...
TSMC Advances Towards 2-Nanometer Chips in Taiwan; A Breakthrough That Could Revolutionize Bitcoin Mining
10.8.2023
Taiwan Semiconductor Manufacturing Co. (TSMC) is taking bold strides toward the future of semiconductor technology, planning to manufacture next-generation 2-nanometer (nm) chips at a new plant in Kaohsiung, Taiwan. Reports detail that the date for mass production remains undecided, with...
LK-99 and Cracking Bitcoin: A Quantum Leap in Optimism or Threat? Community Debates Potential Impact
6.8.2023
In recent times, attention has gravitated towards a novel substance known as LK-99, celebrated as a potential wonder superconductor with the capability to usher in an era of lossless power transmission, more potent computers, and stronger magnets. Yet, as scientists have been laboring to replicate...
Bitcoin Mining Computing Power May Drop as Much as 30% After Halving: Experts
26.7.2023
Machine efficiency and low cost of power are key to surviving the bitcoin halving
New research shows how brain-like computers could revolutionize blockchain and AI
24.7.2023
A CMOS-compatible neuromorphic computing chip could be on the horizon thanks to breakthrough research out of Technische Universität Dresden
Cerebras Systems secures $100m AI supercomputer deal with UAE’s G42
21.7.2023
Alongside G42, Cerebras aims to expand this supercomputer, with plans to establish 36 exaFLOPs of AI computing in the coming year
Scientists warn the ‘quantum revolution’ may stagnate economic growth
19.7.2023
There are “traps” lying in wait for innovators at the vanguard of fintech and quantum computing, according to researchers
Cross-Chain Protocol Axelar to Develop Web3 Services With Microsoft Azure
11.7.2023
Axelar said further plans with Microsoft include connecting private and public blockchains that use OpenAI services to create Web3 products
HSBC trialing quantum-safe financial transaction network in the UK
5.7.2023
The venerable British bank became the first to join BT (formerly British Telecom) and Toshiba’s secure quantum “metro” network in the United Kingdom
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
Researchers demonstrate ‘unconditionally secure’ quantum digital payments
4.7.2023
The research represents a possible breakthrough in quantum communications and, potentially, the onset of the era of quantum fintech
Hut 8 Is Keen On AI Computing As It Relocates 6,400 Rigs, Eyes Growth Amid Legal Battle
3.7.2023
Bitcoin (BTC) mining firm Hut 8 has announced plans to relocate 6,400 rigs from its facility in Ontario, Canada as the demand for AI and high-performance computing surges.
This is part of the firm’s wider plan to revive its dwindling activities after it faced a few hurdles including a legal...
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
A brief history of the internet
28.6.2023
Gain insights into the key milestones and trends that have shaped the internet into the global phenomenon it is today
Bitcoin Miner Applied Digital Signs AI Hosting Deal Worth Up to $460M
23.6.2023
Shares of miner Applied Digital surged on Nasdaq as the firm announced a second AI cloud hosting deal