When Core Scientific signed a $3.5 billion deal to host artificial intelligence (AI) data centers earlier this year, it wasn’t chasing the next crypto token — it was chasing a steadier paycheck. Once ...
IREN’s stock is soaring — up over 530% in six months — as analysts backed its shift from bitcoin mining to AI-cloud and a major GPU expansion. Bitcoin miner IREN Limited’s stock (NASDAQ: IREN) blasted ...
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Could a new generation of ASICs burst Nvidia's bubble and do for AI GPUs what ASICs did for bitcoin mining?
A Chinese startup founded by a former Google engineer claims to have created a new ultra-efficient and relatively low cost AI chip using older manufacturing techniques. Meanwhile, Google itself is now ...
Bitcoin mining company IREN (IREN) signed a multi-year GPU cloud services contract with Microsoft, highlighting the integration of traditional mining infrastructure with the demands of Big Tech for AI ...
Bitfarms is winding down its Bitcoin mining over two years to focus on AI and high-performance computing infrastructure amid falling crypto profits. Bitfarms, one of North America’s largest Bitcoin ...
After Bitcoin's profitability plunged, miners sitting on cheap power and stranded infrastructure were forced to pivot — fast. Now those same megawatt farms are being reborn as GPU fortresses for ...
HIVE Digital Technologies (HIVE) said it hit 23 exahashes per second (EH/s) of bitcoin BTC $88,326.08 mining capacity as it ramps up production to generate income that will fund expansion of its ...
Hyperscale Data, Inc. (AMEX:GPUS) shares surged in Monday's after-hours trading on increasing optimism about the company’s intentions to launch Nvidia Corp.’s (NASDAQ:NVDA) graphics processing unit ...
Starcloud, an Nvidia-backed orbital data center startup, said it will connect Bitcoin ASICs to mine the cryptocurrency in space when its second spacecraft launches later this year.
Bitcoin (BTC) mining is no longer lucrative and several leading energy and digital infrastructure companies are exiting operations to pivot to artificial intelligence (AI). The process of Bitcoin ...
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Startup plans first bitcoin mining test in space with orbital ASICs
Tesla and Bitcoin investor Gali highlighted the possibility of Bitcoin mining in space, calling it a potential boost for ...
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