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Crypto Billionaire’s Nonprofit Acquires $500M Worth of AI Chips for Generative AI
1.11.2023
Crypto billionaire Jed McCaleb, known as a co-founder major crypto companies like Stellar, Ripple, and Mt Gox, has launched a nonprofit with a mission to empower the development of generative AI. This nonprofit, registered in the US as a 501(c)(3) organization, recently purchased 24,000 Nvidia H100...
Chatgpt Maker Openai Mulling Own AI Chips, Report Unveils
9.10.2023
Openai, the developer of Chatgpt, is considering ways to overcome the shortage of chips needed to power its artificial intelligence (AI) product. One of the options that’s being discussed in the company, according to a recent media report, is to build its own powerful processor. Openai Reportedly...
Tether Dives Into AI Wave With $420M Nvidia GPU Investment Amid Soaring Demand
21.9.2023
According to a report, Tether, the largest stablecoin issuer by market capitalization, has invested $420 million in 10,000 Nvidia H100 graphics processing units (GPUs). This news emerges during a time of surging demand for artificial intelligence (AI). It also comes after Iris Energy reported...
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
Bitmain Dispatches Initial KS3 Antminers Amid Surge in Kaspa’s Hashrate
22.8.2023
According to Bitmain, the well known crypto ASIC mining rig manufacturer, the company has shipped its first batch of KS3 Antminer machines. Despite each rig costing $49,800, Bitmain sold out of the first batch and announced another batch of KS3 Antminers would be available soon. As Kaspa’s...
Crypto Miner Hive Blockchain Touts Privacy of AI Models Running on Its GPUs
30.6.2023
Hive wants to provide enterprise AI training in its fleet of GPUs
Nvidia's Blockbuster Outlook Reminds Bitcoin Miners to Give AI a Look
25.5.2023
Bitcoin miners might find non-mining AI applications too tantalizing to pass up
Elon Musk reportedly buys thousands of GPUs for Twitter AI project
12.4.2023
According to anonymous sources close to the company, Musk purchased nearly 10,000 graphics processing units with the intention of furthering his AI projects at Twitter
Chatgpt More Useful Than Crypto, Nvidia Tech Chief Says
30.3.2023
Unlike AI applications such as Chatgpt, cryptocurrencies do not bring “anything useful,” a top executive of U.S. chip maker Nvidia is convinced. The comment comes despite his company making significant sales in the space where its powerful processors are widely used to mint digital...
The economics of cryptocurrency mining: Costs, revenues and market trends
18.2.2023
Explore the economics of cryptocurrency mining and the challenges and opportunities that exist in this rapidly evolving industry
A Look at the First Phone-to-Phone Bitcoin Transfer Using a Nokia N900 Smartphone
23.10.2022
When Satoshi Nakamoto created Bitcoin, the full node client came with a wallet often referred to as Bitcoin-Qt. Nakamoto’s simplified payment verification (SPV) concept was not available until two years later, after the former Bitcoin Core developer Mike Hearn published BitcoinJ in 2011....
Según Morgan Stanley, la demanda de GPUs podría ralentizarse si Ethereum pasa a proof-of-stake
27.6.2022
El cambio tampoco resolverá los problemas de escala de Ethereum, agregó el informe del banco
Crypto Miners Are Dumping Tons Of GPUs, So Maybe You Can Finally Get One
23.6.2022
The crypto market is continuing to fall, which has led a ton of miners to exit the market or to downscale their operations, thus finding themselves in possession of valuable computer components that they now no longer need. Some such miners, many from China and South Asia (where electricity...
Nicehash Software ‘Fully Unlocks’ Nvidia’s Hashrate Reducing Technology
8.5.2022
On Saturday, the cryptocurrency mining platform Nicehash revealed the company has “fully [unlocked] Nvidia’s [Lite Hash Rate]” graphic processing units (GPUs). Nicehash says the firm’s Quickminer mining software is the first protocol that can unlock LHR GPU cards...
GPUs Get Cheaper as Ethereum’s Switch to PoS Gets Closer
25.4.2022
The network's anticipated switch to PoS has been pushing prices for graphics cards down
GAIMCRAFT – GAIMIN Delivering Blockchain and NFT Technology to Games
25.3.2022
PRESS RELEASE. GAIMIN has developed and successfully trialed an app to monetise the underutilised processing power found in high performance PC’s, creating a supercomputer level, distributed data processing network by harnessing the worldwide availability of high performance GPUs....
Hut 8's 'Ferrari of GPUs' Ready for Ethereum's PoS Move, Miner Open to M&A
3.2.2022
Contrary to smaller Bitcoin (BTC) and crypto miners, Canada-based Hut 8 would not be "really affected" by Ethereum (ETH)'s move to the proof-of-stake (PoS) consensus mechanism, as the miner is ready "no matter what," Sue Ennis, Vice President (VP) of Corporate Development and Investor Relations...
Report: Nvidia’s Lite Hash Rate Tech to Stop Crypto Miners ‘Was Pointless’
29.1.2022
In mid-May 2021, the American multinational technology company Nvidia Corporation revealed that it added a hashrate limiter to curb the use of cryptocurrency mining with its graphics processing units (GPUs). However, crypto miners now say the move was pointless, and the mining organization Nicehash...
Electric Car Owner Says His Hacked Tesla Model 3 Mined up to $800 a Month Mining Ethereum
10.1.2022
According to the 2018 Tesla Model 3 owner, Siraj Raval, he mined up to $800 a month in crypto assets with his hacked-out electric car. Similarly, Chris Allessi, the owner of a Tesla Model S tethered a Bitmain Antminer S9 to his car’s electrical system to mine bitcoin, and he’s mined...