Applied Digital’s $11B HPC deal puts it in the same league as Core Scientific and TeraWulf. But is the market sleeping on …
HPC
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Google is backing $3.2B for TeraWulf’s HPC hosting deal with Fluidstack and could end up owning ~14% of the company. Will more …
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Mining
TeraWulf’s Multi-Billion Dollar HPC Deal Backstopped by Google – A Blueprint for Future Hyperscaler Deals
by shayaanby shayaanGoogle is backing $3.2B for TeraWulf’s HPC hosting deal with Fluidstack and could end up owning ~14% of the company. Will more …
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Galaxy, the Nasdaq-listed digital asset investment firm, said on Friday it has secured $1.4 billion in funding to expand its Helios data …
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Hive Digital, a Bitcoin miner turned data center infrastructure provider, reported record revenue and earnings in its fiscal first quarter, driven by …
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Mining
Bitcoin Miner MARA Steps Into HPC With Majority Stake in EDF Subsidiary: H.C. Wainwright
by shayaanby shayaanMARA Holdings (MARA) is making a surprise pivot from its bitcoin mining roots, announcing late Monday that it will acquire a 64% …
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Mining
Riot Hires Data Center Chief as Bitcoin Miner Ramps Up HPC and AI Hosting Plans
by shayaanby shayaanRiot Platforms (NASDAQ: RIOT) has appointed Jonathan Gibbs as its new Chief Data Center Officer (CDCO) as the company pushes deeper into …
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Bit Digital plans to raise up to $500 million through an at-the-market (ATM) equity offering. The offering will be facilitated by investment …
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Mining
Bitcoin Miners With HPC Exposure Underperformed BTC for Third Straight Month: JPMorgan
by shayaanby shayaanBitcoin (BTC) mining companies with high-performance computing (HPC) exposure underperformed the world’s largest cryptocurrency for the third month in a row in …
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Mining
Bitcoin Miners With HPC Exposure Underperformed in First Two Weeks of April: JPMorgan
by shayaanby shayaanThe performance of bitcoin (BTC) mining stocks was mixed in the first two weeks of April, with pure play operators outperforming those …