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Europe’s largest Bitcoin miner Northern Data to launch IPO in the US

Europe’s largest Bitcoin miner, Northern Data AG, has announced plans for a substantial initial public offering (IPO) in the US at a valuation between $10 billion and $16 billion. The IPO, which will be held on the Nasdaq stock exchange, is scheduled for the first half of 2025 and may also include selling a minority […] The post Europe’s largest Bitcoin miner Northern Data to launch IPO in the US appeared first on CryptoSlate. дальше »

2024-7-4 20:30

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Is the NVIDIA top in as Etched launches ASIC for LLMs 20x faster than H100 GPUs?

Etched is making waves in the artificial intelligence hardware space with its revolutionary new AI accelerator chip. The Silicon Valley startup, founded in 2022 by Harvard dropouts Gavin Uberti and Chris Zhu, has developed a custom application-specific integrated circuit (ASIC) called Sohu that is purpose-built to run transformer models – the architecture behind today’s most […] The post Is the NVIDIA top in as Etched launches ASIC for LLMs 20x faster than H100 GPUs? appeared first on CryptoSlate. дальше »

2024-6-26 09:53

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US-listed Bitcoin miners hit record $22.8 billion market cap amid stock surge

Publically traded Bitcoin mining companies in the US briefly reached a combined market cap of $22. 8 billion on June 15 amid a surge in their stock price during June. According to a recent analysis by JP Morgan, the growth is driven by an increase in network hashrate share and diversification into artificial intelligence (AI) data […] The post US-listed Bitcoin miners hit record $22. дальше »

2024-6-18 04:39

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Why is Bitcoin hash rate so important for its security?

Bitcoin’s hash rate is a critical metric that measures the computational power used to mine and process transactions on the Bitcoin network. It is expressed in hashes per second (h/s), with standard denominations including kilohashes (kH/s), megahashes (MH/s), gigahashes (GH/s), terahashes (TH/s), petahashes (PH/s), and exahashes (EH/s). дальше »

2024-6-7 13:00