adminBrevan Howard, Galaxy, Weiss back Canaan’s $72M Bitcoin mining raise
In recent developments, the mining hardware maker said it’s refocusing on its core business of ASIC chip design and high-performance computing equipment as it scales production in the United States.…
NIP Group to Generate 160 BTC Monthly After Major Infrastructure Deal
In recent developments, nasdaq-listed NIP Group Inc, is expanding its bitcoin mining operations, increasing its total capacity to approximately 11.3 EH/s and is projected to generate around 160 per month.…
Cipher Mining Seals 15-Year Deal With Amazon for 300MW Data Center
In recent developments, cipher Mining Inc. has signed a 15-year data center campus lease with Amazon Web Services (AWS) to supply 300 megawatts of capacity for artificial intelligence (AI) workloads,…
New Hampshire Senate stalls crypto mining deregulation bill after split vote
In recent developments, lawmakers opted to study the proposal further following a wave of public concern over plans to loosen local controls on crypto mining in the state. Looking closer,…
BTC mining industry finances AI gold rush with $11B convertible bond boom
In recent developments, the Bitcoin mining industry is financing its expensive pivot to AI data centers with convertible debt that sometimes features a 0% coupon. Looking closer, market participants highlight…