Bitcoin Miner


Markets

Bitcoin Miner Riot Adds New Board Member to Push AI Pivot

Riot also announced it has hired investment banks Evercore and Northland Capital Markets to lead discussions with potential AI and HPC partners.

mining rig. (Taylor Vick/Unsplash)

Policy

Plan a Crypto Mine Near a U.S. Military Base? Expect a Bigger Hassle Now.

The U.S. Treasury Department issued a rule promising extra scrutiny for businesses near military sites, having already targeted a Chinese-backed crypto operation by a Wyoming missile base.

Chinese-owned MineOne is said to have built a crypto mining operation within a mile of a U.S. missile base. (Warren Air Force Base)

Finance

Relm Insurance Introduces BTC-Denominated Policy for Bitcoin Miners

The aim of the policy is to offer bitcoin miners with financial protection against losses from operational interruptions caused by physical damage to equipment or facilities

Bitcoin miners connected to a district heating system in Finland

Finance

Bitcoin Miner Arkon Energy Plans Public Listing in Amsterdam Through Merger With Shell Company

The two parties agreed to a 90-day mutual exclusivity period on Feb. 21 to work toward a definitive agreement

Amsterdam (1919021/Pixabay)

Finance

Bernstein Is 'Now More Convinced' That Bitcoin Will Hit $150K After Massive Rally

Spot bitcoin ETF inflows have surpassed expectations, the broker said in the report.

Bulls against a background of snow.

Finance

Bitcoin Miners Offload $129M BTC in Day, Sending Reserves to the Lowest Point Since May

A slump in miner reserves indicates potential selling pressure, according to CryptoQuant.

Alta Novella's turbine room with 40 ASIC bitcoin miners.

Finance

Bitmain, Anchorage Expected to Take Equity in Bitcoin Miner Core Scientific as Part of Bankruptcy Plan

The world's largest crypto mining machine maker is set to take a $54 million stake in Core Scientific as the miner emerges out of Chapter 11 proceedings.

Core Scientific facility in North Carolina. (Core Scientific)

Finance

Applied Digital Stock Surges 12% After Announcing Its Third AI Deal

Applied Digital will be deploying HPE's Cray XD supercomputers in its AI cloud service.

https://www.hpe.com/us/en/newsroom/press-release/2023/06/hewlett-packard-enterprise-unveils-ai-cloud-for-large-language-models.html

Finance

APLD Signs Artificial Intelligence Hosting Deal Worth Up to $460M

APLD shares surged on Nasdaq after the firm announced its second AI cloud hosting deal.

New and old bitcoin mining rigs at CleanSpark's site in Georgia.

Tech

Marathon Digital Mined 77% More Bitcoin in May With the Help of Its Software

The spike in bitcoin mining is likely due to its mining machines producing at higher capacity than April.

Marathon Digital CEO Fred Thiel (CoinDesk)

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