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Hut 8 tips 66% hashrate boost after deal to buy 31K Bitcoin miners

[Nov 7 12:40 AM] Hut 8 could see its hash rate rise from 5.6 exahashes per second to 24 EH/s by Q2 2025 should it also execute a 15 EH/s purchase option with Bitmain.

BTC Miner Core Scientific Expands Contract With Coreweave, Eyes $8.7B in HPC Revenue

[Oct 22 5:45 PM] Core Scientific has revealed that Coreweave has chosen to expand its high-performance computing (HPC) infrastructure by another 120 megawatts (MW), pushing the total contracted capacity to around 500 MW. Core Scientific and Coreweave Extend…

Core Scientific to host more CoreWeave infrastructure, targets $8.7B revenue

[Oct 22 3:43 PM] CoreWeave has exercised its final option agreement with Core Scientific, adding 120 MW of critical IT infrastructure to power Nvidia GPU operations. 

Northern Data wants to sell Peak Mining to invest in AI expansion

[Oct 21 6:48 PM] The Tether-backed company is talking to interested parties, it said. It may also see an IPO on the Nasdaq next year.

Converting mining sites to AI data centers isn't seamless: Sabre56 CEO

[Sep 4 9:50 PM] According to CEO Phil Harvey, Bitcoin miners will average roughly $1.50 in revenue per terahash every month during the current market cycle.

Bit Digital Expands AI and HPC Footprint, Signs $700 Million Agreement With Boosteroid

[Aug 20 9:30 PM] 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…

Bitcoin Mining and HPC Leaders Unite to Create Synteq Digital

[Jul 23 10:00 AM] SunnySide Digital (SunnySide) and Cryptech Solutions (Cryptech), two wholesale distributors and service providers for digital asset mining and HPC data center equipment, have joined forces to launch Synteq Digital (Synteq).Synteq Digital aims to…

Compute Maximalism: The Symbiosis Between Bitcoin Mining and AI

[Jul 22 11:10 AM] The story of human progress can be simplified into the story of increasing energy utilization. We harness energy to create order, both in terms of biology and society. Energy surpluses allow for every form of wealth creation, which in turn produce…

Northern Data Secures $600 Million Loan From Tether Amidst AI Hardware Investment Spree

[Nov 3, 2023 5:30 AM] 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…