Bitcoin miners are repurposing their data centers for AI infrastructure. Firms like Core Scientific, Iris Energy, and Hut 8 ...
Chinese graphic card manufacturers are refurbishing and selling cryptocurrency mining GPUs from Nvidia and AMD by modifying them to include more VRAM. The Ethereum cryptocurrency switching to a ...
Massive quantities of GPUs all in a single location, powered up, crunching data, and performing various tasks. We could be talking about a crypto-mining setup or something newer, more high-tech, and ...
Bitcoin mining company IREN (IREN) has signed a multi-year GPU cloud services contract with Microsoft, highlighting the ...
As we've discussed at various points, the great cryptocurrency GPU mining craze of 2011 to 2014 (peaking in 2013) was great for GPU manufacturers' profit margins, but terrible for AMD's actual GPU ...
The company is targeting $3.4 billion in AI Cloud ARR by end of 2026 with expansion to 140,000 GPUs and strengthened ...
Under the five-year agreement, IREN will supply Microsoft with access to NVIDIA GB300 GPUs through its vertically integrated ...
IREN posted $384.6 million profit and secured a $9.7 billion Microsoft AI cloud contract while targeting $3.4 billion in ...
Some traders are making highly ambitious bets on CIFR stock. After the $5.5 billion deal with Amazon, it no longer seems out ...
Graphics card prices have been dropping all year—and could go even lower. Last month, Nvidia announced preliminary results suggesting weaker-than-expected demand for its high-end cards. “Changes to ...
TL;DR: European prosecutors are investigating Northern Data for allegedly misusing $586 million worth of NVIDIA AI GPUs, claiming tax breaks for AI use while potentially mining cryptocurrency. The ...