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Latest coverage of energy, compute, and markets
Of the 125 BTC produced in June, 70 BTC were generated through self-mining operations and 55 BTC through cloud mining services. Daily production averaged 4.2 BTC, down from 5.7 BTC in May. The company's total power capacity under management also decreased to 273 MW from 346 MW in the previous month.
Sphere 3D said Friday it has hired three specialized advisory firms to bolster investor relations and government affairs as the company advances plans to repurpose its Tennessee power infrastructure for artificial intelligence and high-performance computing workloads.
Bitdeer broke ground on a $36 million advanced electronics manufacturing facility in Sparks, Nevada, marking the company’s first domestic manufacturing and assembly footprint in the U.S., despite bitcoin mining economics remaining near record-low levels.
Bitcoin miners’ AI infrastructure rally has opened a liquidity window for executives and major holders, putting insider sales, shareholder trims and governance ...
MARA has acquired a Texas powered land site for an AI and bitcoin mining campus in a milestone-based deal that could reach $600 million. ...
Cipher Digital Chief Executive Officer Tyler Page filed a notice to sell 112,500 shares of the company’s common stock, marking the latest proposed transaction under a prearranged trading plan the company disclosed earlier this year.
Nscale closed a $900 million revolving credit facility as the Nvidia-backed AI infrastructure developer expands data center and GPU deployments tied to Microsof...
Core Scientific legal chief Todd DuChene’s trust filed to sell 140,000 shares, bringing disclosed 10b5-1 plan sales to about $5.9 million amid the company’s AI-...
Galaxy Digital Inc. (Nasdaq: GLXY) announced today that it has completed the initial power delivery phase at its Helios data center campus in West Texas. The company has successfully provided approximately 200 megawatts (MW) of gross power, which translates to 133 MW of critical IT load, to cloud provider CoreWeave. This delivery fulfills the first segment of a 15-year lease agreement between the two firms.