The transaction preceded Rumble’s acquisition of Northern Data, adding to overlapping financial ties. Northern Data sold Peak Mining to Tether-linked firms in a deal worth up to $200 million. The ...
One afternoon in June 2024, I stood up against the fence of a sprawling industrial facility a few miles outside of Corsicana, Texas. Over a metal gate, I watched a bright yellow excavator claw at the ...
My bull case is based on the $9.3B of contracted data center leases (AWS $5.5B/15 years; Fluidstack $3.8B/10 years), which could materialize into revenue as soon as August–September 2026. I see ...
Crypto mining stocks surged up to 20% on Monday, led by BitMine and Cipher Mining as Amazon announced plans to invest up to $50 billion in AI infrastructure for U.S. government agencies. Bitcoin ...
China's bitcoin mining market share rebounds to 3rd globally, Hashrate Index shows Beijing’s softening stance, cheap electricity attract crypto miners Bitcoin seen as strategic asset amid Sino-US ...
Millions of users work with SQL to keep the gears of their business turning. In an era marked by relentless digital transformation, the proliferation of AI workloads, and tightening regulatory demands ...
Current Climate brings you the latest news about the business of sustainability every Monday. Sign up to get it in your inbox. Anyone holding out hope that increases in electric power prices could ...
Cipher Mining priced $1.4B in senior secured notes at 7.125%, maturing in 2030. Funds will complete construction of the Barber Lake data center in Texas. The offering targets institutional buyers ...
Bitcoin miner turned AI infrastructure builder, Cipher Mining, has announced plans to offer $1.4 billion in senior secured notes to scale its data center expansion in Texas. According to a Nov. 4 ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
The Bank of England is worried that a rise in financiers’ lending to data center lending may cause an AI bubble reminiscent of the dot-com crash in the early 2000s. The Bank of England is ...
Alphabet Inc.’s Google has agreed to anchor a $3 billion data center contract with Cipher Mining Inc. in the latest tie up between a crypto mining firm and a big tech company seeking computing ...
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