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Bitcoin Miners Are Attractive Partners to Build Artificial Intelligence Data Centers: Bernstein
10.7.2024
The broker initiated coverage on miners Iren Energy and Corz Scientific with outperform ratings
Nigeria plans nationwide AI and blockchain research centers
4.7.2024
The research centers count as another step toward taking a leadership position in artificial intelligence (AI) development in Africa
Crypto Exchange Kraken Is Considering Going Nuclear
2.7.2024
Massive demand for energy from high performance computing and artificial intelligence firms is changing the landscape in terms of power stability, the company’s CTO said in an exclusive interview with CoinDesk
CoreWeave expands Core Scientific computing deal by $1.225B
25.6.2024
Core Scientific is well-positioned to take advantage of new opportunities at its mining facilities
Nvidia launches in Middle East amid US AI export clampdown: Report
24.6.2024
Nvidia partners with Qatari telecom provider Ooredoo to bring advanced AI technology to the Middle East, marking a significant expansion amid US export restrictions
Bitcoin Mining Stabilizes Power Grids Strained by AI Data Centers
13.6.2024
Bitcoin miners help expand the use of renewable energy and balance energy networks, says Ryan Condron, co-founder of Lumerin
Indiana vows outage-free energy for crypto miners, data centers
11.6.2024
Indiana plans to become a hub for the data center and crypto mining industries by promising uninterrupted, low-cost energy
Northern Data’s Peak Mining Acquires Second 300-Megawatt Site in Texas
24.5.2024
According to Peak Mining, a subsidiary of the German bitcoin mining and infrastructure firm Northern Data, the company has announced the purchase of a 300-megawatt ERCOT-approved site in Corpus Christi, Texas. The site is adjacent to another location acquired by the firm in December 2023. Peak...
Sweden Busts 18 Data Centers for Secretly Mining Crypto
18.4.2024
Sweden’s tax agency identified irregularities in 18 locally operating companies, finding that they hid their involvement in crypto mining, it said Wednesday.
The post Sweden Busts 18 Data Centers for Secretly Mining Crypto appeared first on Cryptonews
Norway Wants to Restrict Crypto Mining by Regulating Data Centers, Lawmakers Say: Report
15.4.2024
Energy-intensive crypto mining is an example of a type of business not wanted in Norway, Minister for Energy Terje Aasland reportedly said
Illegal Crypto Mining: Russian Police Seize More than 3,200 Rigs in Siberia Raids
12.4.2024
Russian police have seized over 3,200 crypto mining rigs in raids on four large “illegal” data centers in Siberia.
The post Illegal Crypto Mining: Russian Police Seize More than 3,200 Rigs in Siberia Raids appeared first on Cryptonews
South Korean Celebrities Embroiled in Crypto ‘Scam’ Allegations
14.2.2024
South Korean celebrities, including top YouTubers, a veteran of the 2002 World Cup, a race car driver, and a leading comedian have been embroiled in a fast-developing crypto “scam” controversy. The controversy centers around a firm named Winnerz, a South Korean blockchain-powered sports project...
Two Russian Crypto Mining Centers Shut Down, 400+ Rigs Taken Offline
13.2.2024
Russian crypto mining efforts suffered a setback last week, with police closing two large, illegal data centers. In total, officers said they took over 400 crypto mining rigs offline in raids in Siberia and the republic of Dagestan. Russian Crypto Mining Still in Regulatory ‘Grey Zone’...
House Financial Services Committee Members Demand More Time to Debate New Digital Payment Proposal
2.2.2024
Leading members of the U.S. House Financial Services Committee, Chairman Patrick McHenry, Subcommittee Chairman French Hill, and Representative Mike Flood, have requested an extension of the public comment period for the CFPB’s proposed rule on digital consumer payment applications. This...
Core Scientific Becomes North America’s Largest Listed Bitcoin Producer, Generating 19,274 BTC in 2023
1.2.2024
Core Scientific has cemented its position as the largest listed Bitcoin (BTC) producer in North America, generating an impressive 19,274 BTC in 2023. In a recent post on X (formerly Twitter), the crypto miner said 13,762 BTC were mined by the company itself in its state-of-the-art data centers...
South Korean Prosecutors, Police Face Bribery Wrap in Crypto Fraud Trial
31.1.2024
Eight South Korean prosecutors and police officers could be trialed in connection to the high-profile case of a suspected crypto fraudster. Per Newsis, the trial of one unnamed prosecutor has already begun in the city of Gwangju. The case centers around a suspected crypto fraudster surnamed Tak....
London Trial Sheds Light on Alleged Bitcoin Laundering in £5 Billion Fraud Case
30.1.2024
In a trial unfolding at London’s Southwark Crown Court, prosecutors have revealed details of an alleged Bitcoin (BTC) laundering scheme connected to a £5 billion ($6.3 billion) fraud case originating from China. The trial centers around Wen Jian, a woman accused of converting Bitcoin into...
Crypto, AI and Data Centers Could Double Energy Consumption in 2026
27.1.2024
The aggregated demand for energy from crypto, artificial intelligence (AI), and traditional data centers could double in 2026. According to a report by the International Energy Agency (IEA), the consumption growth might mean adding a country like Sweden (in the best case) or Germany (in the worst...
Goldman’s Digital Assets Chief Bets on Spot Ether ETFs Getting the Thumbs Up
24.1.2024
Mathew McDermott, Goldman Sachs’ digital assets head, said Tuesday he anticipates approval of spot Ether ETFs in the coming months. During a CNBC interview, McDermott said a major factor in the approval decision hinges on whether ether is classified as a security. “A big question naturally...
Bitcoin revolution centers on the changing financial landscape
10.11.2023
Bitcoin Whitepaper completed its 15 years on October 31, this Halloween season. It was even met with a spicy tease from Gary Gensler, the Chair of the SEC. It has been so long since Satoshi Nakamoto published their first paper, Bitcoin: A Peer-to-Peer Electronic Cash System. The world has changed...