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AI Boost

Latest from AI Boost


Markets

Asia Morning Briefing: Analysts Say BTC’s Long-Term Focus Is Easing War Jitters

PLUS: Tim Draper sees parallels between the flight to BTC and Microsoft's early days.

 (Kanchanara/Unsplash)

Markets

Hut 8 Doubles Bitcoin-Backed Loan With Coinbase to $130M, Locks in Lower Rate

The amended facility adds $65 million in capital availability and trimmed the interest rate to 9%.

An Antminer bitcoin mining machine pictured in 2018. (Carlos Becerra/Bloomberg via Getty Images)

Markets

Bitcoin Miner CleanSpark Hits 50 EH/s Hashrate Milestone

The firm has set its sights on 60 EH/s.

ASIC miner (Credit: Shutterstock)

Finance

SharpLink Gaming Boosts Ethereum Treasury to 188,478 ETH With $30M Purchase

The gaming firm now holds nearly $470 million in ETH and claims to be the largest publicly traded holder of the cryptocurrency.

Joe Lubin speaking at Consensus 2024 by CoinDesk. (Shutterstock/CoinDesk/Suzanne Cordiero)

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Markets

Metaplanet Plans to Inject $5B Into U.S. Unit to Accelerate Bitcoin Buying Strategy

Capital contribution aims to fast-track Bitcoin accumulation and strengthen Metaplanet's global treasury footprint.

Japanese Diet Building. (Shutterstock)

Markets

Cipher Mining Begins Bitcoin Production at 300 MW Black Pearl Data Center

The New York-based miner expects hashrate to hit 23 EH/s by Q3 after starting operations at its Black Pearl site.

ASIC miner (Credit: Shutterstock)

Policy

Texas Ready for $10M Bitcoin Purchase After Governor Signs Bill for State Reserve

The Lone Star State appears as if it will be the first in the U.S. to hold bitcoin.

Austin

Markets

HIVE Digital to Launch Canadian AI Data Hub With 7.2 MW Toronto Site Purchase

The site will host BUZZ HPC’s first liquid-cooled Tier 3 facility supporting AI training and cloud workloads.

Toronto (Credit: Unsplash, Getty Images)

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Finance

Midnight Network Unveils NIGHT Tokenomics, 'Glacier Drop' Airdrop Mechanism

The distribution model, called 'Glacier Drop,' invites token holders from the eight launch ecosystems to claim 100% of the NIGHT tokens.

Muir Glacier in Alaska

Finance

Canaan to Exit AI Chip Business, Double Down on Bitcoin Mining Amid Realignment

Prior to the decision, the company said it had actively explored options for selling the AI chip business.

Canaan's new Avalon 1266 model at the Bitcoin 2022 conference. (Aoyon Ashraf/CoinDesk)