Bitdeer Technologies Group, a leading blockchain and high-performance computing company, has unveiled its new Bitcoin mining machines, the SEALMINER A2 Pro series. This upgraded line includes two models: the SEALMINER A2 Pro Air, featuring air-cooling, and the hydro-cooled SEALMINER A2 Pro Hyd. Both models boast an impressive power efficiency ratio of 14.9 J/TH and enhanced ...
Bitfarms Ltd., a major player in Bitcoin mining, has successfully acquired Stronghold Digital Mining, enhancing its U.S. strategy. This acquisition expands Bitfarms’ energy management to 623 megawatts and establishes a robust growth pipeline of 1.1 gigawatts in Pennsylvania, positioning the company as a leader in the PJM Market. The merger rebalances Bitfarms’ portfolio to 80% ...
Bitdeer Technologies Group has successfully tested its new Bitcoin mining chip, SEAL03, achieving an impressive power efficiency of 9.7 joules per terahash. This chip, developed in collaboration with TSMC, meets the performance targets set in the SEALMINER technology roadmap. The Chief Business Officer, Matt Kong, expressed excitement about this milestone, highlighting Bitdeer’s commitment to innovation ...
A group of 38 tech companies in Europe has launched the Digital Autonomy with RISC-V in Europe (DARE) project, which focuses on creating advanced processor units for supercomputers and high-performance machines. Supported by significant funding, DARE aims to develop three RISC-V chiplets over the next three years. The project is coordinated by the Barcelona Supercomputing ...
HIVE Digital Technologies announced impressive results for the third quarter of fiscal year 2025, reporting total revenue of $29.2 million. This includes $26.7 million from digital currency mining and $2.5 million from high-performance computing services. The company achieved a net income of $1.3 million and an Adjusted EBITDA of $17.3 million, showcasing its operational efficiency. ...
The Bitcoin ecosystem is hitting new milestones, with its mining difficulty rising to an all-time high of 110.45 trillion. This increase, marking the eighth consecutive positive adjustment, makes mining Bitcoin significantly harder, pushing many miners to explore other avenues like high-performance computing and artificial intelligence for sustainability. Notable companies like MARA Holdings are adapting by ...
Iris Energy (IREN) has announced impressive growth in its Bitcoin mining operations, reporting a 450% increase in hashrate and a remarkable 77% profit margin on hardware. In December alone, the company mined 529 Bitcoins, resulting in $52.1 million in revenue. They aim to reach a mining capacity of 50 EH/s by mid-2025. Additionally, Iris Energy ...
A recent report by Clear Street reveals that Bitcoin miners are adapting their strategies as they look ahead to 2025. They are focusing on generating income from their Bitcoin holdings and diversifying into artificial intelligence (AI) compute. The report outlines three key themes: monetizing Bitcoin reserves, leveraging existing infrastructure for high-performance computing (HPC), and navigating ...
HIVE Digital Technologies Ltd., a leader in sustainable blockchain infrastructure, has announced a significant investment of $30 million for new supercomputing clusters in Quebec, Canada. This includes 248 NVIDIA H100 GPUs, fully operational by the end of 2024, and 508 NVIDIA H200 GPUs arriving in early 2025. HIVE aims to tap into the growing demand ...
