The Ethereum merge of 2022 represented a major turning point in the cryptocurrency mining landscape, solidifying Bitcoin’s position as the leading cryptocurrency to mine. Bitcoin mining now constitutes the bulk of global cryptocurrency emissions, presenting significant opportunities for large-scale operations. However, for smaller-scale miners seeking... Continue reading
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Grayscale Launches MNRS ETF to Provide Exposure to Bitcoin Mining Industry Grayscale, a prominent cryptocurrency asset manager, has expanded its range of crypto investment products with the launch of a new exchange-traded fund (ETF) that targets the growing Bitcoin mining industry. The Grayscale Bitcoin Miners... Continue reading
Now under a Republican-controlled US Congress, the Senate Banking Committee focused its efforts on addressing claims the government “bullied” banks into halting services to crypto firms. During a Senate Banking Committee hearing on debanking on February 5, Massachusetts Senator Elizabeth Warren notably avoided directly addressing... Continue reading
Fortitude Mining: DCG’s New Cryptocurrency Mining Subsidiary After Restructuring Despite spinning off Fortitude Mining, Foundry continues to hold the title of the largest Bitcoin mining pool, contributing over 30% of the network’s hashrate. In a strategic move to expand its influence in the cryptocurrency space,... Continue reading
Nvidia Unveils Llama-3.1-Nemotron-70B-Instruct: A Game-Changer in AI Model Training On October 15, Nvidia launched an advanced AI model, Llama-3.1-Nemotron-70B-Instruct, claiming it surpasses other leading AI systems such as GPT-4 and Claude-3. This model is a fine-tuned version of Meta’s Llama-3.1-70B-Instruct, with the “Nemotron” name signifying... Continue reading
Hut 8 Expands into AI with 1,000 Nvidia GPUs for AI Model Training and GPU-as-a-Service Hut 8, a leading Bitcoin mining and computing infrastructure company, has expanded its operations by launching a GPU-as-a-service program in collaboration with AdvizeX. As of September 26, the company now... Continue reading
India’s Ambitious Plans to Launch Generative AI Model by 2025 Union IT Minister Ashwini Vaishnaw recently announced that India is set to launch its own generative AI model by 2025, marking a significant step into the global AI race. This initiative comes as the country... Continue reading
OpenAI launched a “deep research” agent in ChatGPT that can search for information, put it into a report and source its work. OpenAI has launched a new feature for its flagship AI product, ChatGPT, called “deep research.” This feature is designed to cater to individuals... Continue reading
Bitcoin Mining Enhances Texas’ Grid Stability, Saving $18 Billion in Costs Bitcoin mining is playing a pivotal role in stabilizing the Texas electrical grid, offering significant cost savings and environmental benefits. According to a new report from the Digital Assets Research Institute (DARI), BTC mining... Continue reading
Bitcoin Mining Update: January’s Declining Production and Riot Platforms’ Rise Key Takeaways: Bitcoin Mining Faces Rising Difficulty in January January 2025 marked a tough month for Bitcoin miners as the network difficulty surged. Mining difficulty refers to the computational power required to verify Bitcoin transactions... Continue reading
