IREN Limited (NASDAQ: IREN), a Bitcoin (BTC) mining and AI cloud company, signed a $9.7 billion GPU cloud services contract ...
The billion-dollar question facing every hyperscaler rushing to build AI infrastructure isn’t about chips or capital—it’s ...
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 ...
Nvidia is the undisputed leader in AI chips. The shift toward ASICs seen in cryptocurrency mining is an example of a risk investors need to watch when owning Nvidia. However, there are some key ...
TL;DR: European prosecutors are investigating Northern Data for allegedly misusing $586 million worth of NVIDIA AI GPUs, claiming tax breaks for AI use while potentially mining cryptocurrency. The ...
The company is converting parts of its mining footprint into AI-ready data centers, including a site in Grand Falls, New Brunswick, that could support 25,000 GPUs.
Cryptocurrency is a form of digital money meant to be used as a medium of exchange, and it uses cryptography to secure and verify transactions, as well as to control the creation of new units of a ...
Cipher Mining shares soared over 34% after signing a $5.5 billion AI hosting deal with Amazon Web Services and posting ...
After years of planning, Ethereum's much-anticipated switch from proof-of-work to proof-of-stake took place today. The "Merge" means that Ethereum mining is dead, which is good news ahead of new GPU ...