Computing – DIGIT INFO

Bitfarms Takes Control of Its First US Mega-Site to Expand Bitcoin Mining Capacity

DIGIT — Thu, 29 Aug 2024 06:30:03 +0000

Bitfarms Ltd., a bitcoin mining company, announced on Tuesday that it has taken control of its new data center in Sharon, Pennsylvania. “This site represents Bitfarms’ first mega-site in the U.S. with access to up to 120 MW,” the company said. Located in the Pennsylvania-New Jersey-Maryland (PJM) grid, the site offers low-cost, flexible power ideal […]

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Cryptography startup Fabric raises $33M for new data privacy chip

DIGIT — Mon, 19 Aug 2024 21:40:17 +0000

Blockchain Capital and 1kx co-led the Series A round that will back the development of a new computing chip focused on data privacy.

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AI’s energy consumption concerns echo Bitcoin mining criticisms, says Heatbit founder

DIGIT — Fri, 17 Nov 2023 12:15:16 +0000

While artificial intelligence continues to grab headlines, small and large-scale Bitcoin miners might not necessarily jump ship to the AI and machine learning hype train.

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BitVM’s goal is to scale Bitcoin, not be a pseudo-Ethereum, says dev

DIGIT — Thu, 12 Oct 2023 22:54:57 +0000

Building a decentralized exchange on Bitcoin would be a “step backward,” for example, said Bitcoin developer Super Testnet.

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Startup demos upcoming decentralized GPU infrastructure network to OpenAI, Uber

DIGIT — Wed, 11 Oct 2023 13:30:17 +0000

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

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Iris Energy buys 248 Nvidia GPUs worth $10M for generative AI & Bitcoin mining

DIGIT — Tue, 29 Aug 2023 14:26:29 +0000

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

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UK to spend $130M on AI chips amid scramble to buy up computing power

DIGIT — Mon, 21 Aug 2023 02:42:25 +0000

The chips will be used to set up an AI resource as a recent report said 20% of firms can’t get enough computing power for AI.

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Vietnam Crypto Miners Complain About Losses From Ethereum’s Merge

DIGIT — Mon, 19 Sep 2022 10:00:07 +0000

Miners in Vietnam have expressed grievances over the loss of business following Ethereum’s transition to a consensus mechanism that does not require the energy-intensive computing they were providing. Many are in trouble, local media reported, quoting entrepreneurs and mining enthusiasts. Cryptocurrency Miners Hit by The Merge, Vietnam Report Reveals Vietnam’s crypto miners have suffered heavy […]

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Northern Data to obtain 33K ASIC miners through Bitfield acquisition

DIGIT — Tue, 28 Sep 2021 06:32:15 +0000

Northern Data believes the acquisition will position it as a leading mining firm globally.

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Sergey Brin Refers to Ethereum as an Advance in Computing

DIGIT — Mon, 30 Apr 2018 18:00:59 +0000

Technology pioneers have been showing an interest in blockchain technology and cryptocurrency for quite some time now. Especially for pioneers active in the coding world, the concept of cryptocurrency is rather intriguing. Alphabet’s Sergey Brin recently mentioned Ethereum in a positive light. This took a few people by surprise, although most of his comments revolved around artificial intelligence. Sergey Brin and Ethereum As is usually the case when a famous technology pioneer references cryptocurrency, there is a fair bit of surprise and confusion to contend with. In the case of Alphabet president Sergey Brin, his recent comments regarding Ethereum shocked a lot of people. Not because

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