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Load variability is key to AI energy infrastructure — TeraWulf CTO

[Nov 7 6:04 PM] United States lawmakers believe Building energy infrastructure for Bitcoin mining, AI, and high-performance computing is a major priority.

How Bitcoin Miners Are Tapping Into the AI Gold Rush – Part 2

[Oct 13 8:33 PM] 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…

How Bitcoin Miners Are Tapping Into the AI Gold Rush – Part 1

[Oct 12 10:45 PM] 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…

TeraWulf sells its 25% stake in Nautilus Cryptomine for $92M

[Oct 4 3:09 AM] TeraWulf said it will use the proceeds to buy cheaper Bitcoin miners and expand its AI and high-performance computing streams.

Hut 8 Launches GPU-as-a-Service Vertical, Deploys 1,000 Nvidia GPUs

[Sep 26 9:21 PM] Hut 8 Corp. has officially launched its GPU-as-a-service vertical, marking a significant step in the company’s diversification efforts. The deployment includes 1,000 Nvidia H100 graphics processing units (GPUs), hosted in a Chicago-based…

Why crypto miners are ditching debt for equity

[Aug 30 2:00 PM] 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

[Aug 29 9:30 PM] 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)…

President Trump and New York governor propose shift to nuclear energy

[Aug 26 10:09 PM] 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

[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 Miner Bitdeer Unveils $150M Convertible Notes Offering With 8.5% Yield

[Aug 17 7:30 PM] 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…

SingularityNET to invest $53M in AI infrastructure, modular supercomputer

[Jul 23 7:00 AM] 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’

[Jul 11 7:48 PM] 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’

[Jul 7 7:45 PM] 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

[Jun 28 10:43 AM] 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…

Canaan Cuts Bitcoin Mining Power by 2 EH/s Amid US, Kazakhstan Challenges

[Aug 20, 2023 2:30 AM] 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…

Hut 8 relocates 6,400 rigs, sees growth in AI and high-performance computing

[Jul 3, 2023 2:58 AM] Bitcoin mining firm Hut8 continues to relocate miners from its idle North Bay site, with increasing demand for AI and high-power computing.