Tags: Cloud Mining

Ivan Turogin and Sergei Potapenko are suspected in a $575 million fraud case, but they can’t be exposed to U.S. detention conditions.

io.net has built a decentralized physical infrastructure network that will source GPU computing power for AI and machine learning.

Iris Energy has invested $10 million in the latest generation Nvidia GPUs to explore generative AI while it continues to focus on Bitcoin mining.

Bitcoin mining firm Canaan posts second quarter financials, with Bitcoin mining revenue up 43 from Q1 2023, though net loss also rose 31 to $110 million.

Cryptocurrency mining firm Argo Blockchain has reduced its debts to $75 million through the first half of 2023.

The storage platform turned to metered storage after discovering its Advanced plan was being used by some for crypto mining and other resource-intensive tasks.

Bitcoin mining firm Hut8 continues to relocate miners from idle North Bay site as demand for AI and high power computing drives new demand.

Crypto exchange Binance is currently selling 1 Terahash per second (Th/s) at $10.7280, which is split between the hashrate and electricity costs at $1.17 and $9.558 respectively.

The company ceased its Ether mining operations long before the Merge Upgrade was completed.

Join us as we discuss whether cryptocurrency mining is still worth it in 2023 and all the latest updates regarding the mining industry.

Bitfufu‘s plans to go public have been delayed for the second time. The company is the cloud mining arm of Chinese mining giant Bitmain.

Users‘ subscriptions to cloud mining products have been extended for three days due to the power outage.