Data Centers


Finance

Hut 8 Rises 12% Pre-Market Amid Social-Media Talk of Partnership With Meta

HUT shares climbed to just under $30 as of 10:00 UTC, over 11.75% higher than its Wednesday closing price of $26.69.

A Hut 8 mining facility (hut8.io)

Tech

Crypto Exchange Kraken Is Considering Going Nuclear

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.

Schematic of a small modular nuclear reactor (Department of Energy via Wikipedia, modified by CoinDesk using PhotoMosh)

Consensus Magazine

‘We’re Compute Cowboys’: Gideon Powell on the Pioneer Spirit Driving Bitcoin Mining

An interview with the CEO of Cholla Inc., an oil & gas exploration company that’s investing in bitcoin mining.

Gideon Powell, who runs the family business Cholla Mining, sees bitcoin miners as modern day wildcatters. (Gideon Powell)

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

Australian Data Center Startup Arkon Expands to U.S. With $26M in Fresh Funding

CEO Joshua Payne said he expects the acquisition of a data center in Hannibal, Ohio to be "the first of several" over the next year.

Bitcoin miners are attractive partners to build AI data centers: Bernstein. (Shutterstock)

Markets

Bitcoin Mining Company CleanSpark Acquires Second Data Center

The 87,000-square-foot facility cost $6.6 million.

The facility is part of Georgia's Simple Solar program.

Finance

Bitcoin Miner Argo Blockchain Purchases Hydro-Powered Data Centers in Canada

The two facilities are powered almost entirely by hydroelectricity, the firm said.

hydropower

Finance

AMD-Backed Blockchain Project Amassing 20K GPUs but Won't Say Why

Following a seed funding round, AMD and Consensys-backed W3BCLOUD is tripling its GPU capacity for a range of new blockchain functions they don't want to discuss – yet.

A GPU card (Remitski Ivan/Shutterstock)

Finance

Childhood Friends Battle Over Ownership of North America's Largest Bitcoin Mine

Four years ago, two lifelong friends turned a small investment into the largest crypto miner in North America. Now they are warring over the company's future.

Coinmint's bitcoin mine in Massena, New York, pictured in 2020. (Prieur Leary)

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