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CleanSpark agrees to acquire GRIID for $155 million amid mining struggles
Bitcoin miner CleanSpark has agreed to acquire its rival GRIID Infrastructure for $155 million, according to a June 27 statement. The companies also revealed that they entered an exclusive hosting agreement for all currently available […]
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Unlocking the Power of Etched ASIC: Revolutionizing AI Hardware
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 […]
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Core Scientific to increase CoreWeave infrastructure access to 270 MW
Bitcoin mining firm Core Scientific updated its agreement with AI hyperscaler CoreWeave to provide the latter with 270 megawatts (MW) of total infrastructure access, according to a June 25 press release. Core Scientific said that […]
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Louisiana signs bill to ban CBDCs, protect right to self-custody and mine crypto
Louisiana Governor Jeff Landry signed a bill to prohibit central bank digital currencies (CBDCs) and protect crypto mining on June 19. The bill, HB 488, prevents governing authorities from accepting or requiring payments in CBDCs. […]
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