GPU Financial News
16.07 / 13:41
Web3
GPU
Aethir’s GPU Network Records $36M in First-Year Revenue
Aethir, a firm specializing in decentralized graphics processing unit (GPU) cloud infrastructure, announced today it has recorded $36 million in revenue over the past 12 months.
07.11 / 15:11
Blockchain
Decentralization
P2P Networks
Machine Learning
GPU
'107,000 GPUs on the waitlist' — io.net beta launch attracts data centers, GPU clusters
Over 100,000 GPUs from data centers and private clusters are set to plug into a new decentralized physical infrastructure network (DePIN) beta launched by io.net.
11.10 / 13:11
Blockchain
Adoption
Mining
Machine Learning
GPU
Cloud Mining
network
Startup demos upcoming decentralized GPU infrastructure network to OpenAI, Uber
A project that started out as an institutional-grade quantitative trading system for cryptocurrencies and stocks has transitioned to become a decentralized network sourcing GPU computing power to serve increasing demand for AI and machine learning services.
29.08 / 15:21
Blockchain
Mining
NVIDIA
GPU
Bitcoin
generative AI
Iris Energy buys 248 Nvidia GPUs worth $10M for generative AI & Bitcoin mining
Nasdaq-listed Iris Energy has bought 248 state of the art Nvidia H100 GPUs for $10 million as it looks to explore opportunities in generative AI in addition to its core business focus on Bitcoin mining.
28.08 / 21:33
markets
Adoption
ETF
South America
GPU
Bitcoin
Bitcoin may hit $100K by capturing ‘even 2%–5% of gold’s market cap’ — Hut8 VP Sue Ennis
The next Bitcoin halving event is less than 9 months away and the consensus opinion among analysts and investors is that the halving will send BTC price to a new all time high or even above $100,000.
21.08 / 03:03
Government
NVIDIA
UK government
GPU
Power
UK to spend $130M on AI chips amid scramble to buy up computing power
British Prime Minister Rishi Sunak is set to spend $130 million (100 million pounds) to buy thousands of computer chips to power artificial intelligence, amid a global shortage and race for computing power.
13.07 / 10:13
crypto mining
GPU
Artificial Intelligence
Hive Blockchain Shifts Focus to AI, Rebrands as Hive Digital Technologies
Prominent crypto mining firm Hive Blockchain has rebranded itself to Hive Digital Technologies as the company shifts focuse toward artificial intelligence.
31.05 / 00:49
business
stocks
NVIDIA
GPU
Stock Investment
AI demand briefly catapults Nvidia into $1 trillion club
Computer chip manufacturer Nvidia briefly joined the exclusive club of companies with a $1 trillion market capitalization as market demand for artificial intelligence (AI) tech reached a crescendo.
18.04 / 19:53
business
Mining
Intel
GPU
Intel will stop manufacturing chips for Bitcoin miners: Report
Major United States-based technology company Intel has reportedly announced plans to discontinue its line of Blockscale Bitcoin mining chips as part of efforts to cut costs.
09.03 / 17:15
business
Blockchain
Mining
wallet
NVIDIA
GPU
Trezor crypto wallet's move into the semiconductor business isn't for everyone
Crypto wallet maker Trezor recently decided to start manufacturing its own hardware wallet chips to respond quickly to demand-triggering events like the FTX collapse.
20.02 / 22:45
Technology
Adoption
Mining
Hardware
GPU
Cryptocurrency miners are leading the next stage of AI
As artificial intelligence (AI) rapidly works its complex magic on one sector of the economy after another, there is an increasingly pressing need for compute resources to power all this machine intelligence.
26.09 / 13:26
Ethereum
Mining
GPU
Drop
China GPU prices drop to new lows after the Ethereum Merge
As the Ethereum network’s move to a proof-of-stake (PoS) consensus mechanism drives adoption from institutional investors, the prices for graphics processing units (GPUs), often used for mining cryptocurrencies like Ether (ETH), have gone down in China.
22.09 / 19:45
markets
Ethereum
Tether
GPU
Reserve
crypto market cap
Total crypto market cap shows strength even after the Merge and Federal Reserve rate hike
Cryptocurrencies have been in a bear trend since mid-August after they failed to break above the $1.2 trillion market capitalization resistance. Even with the current bear trend and a brutal 25% correction, it has not been enough to break the 3-month-long ascending trend.
23.07 / 17:59
business
Technology
GPU
Bitcoin
NOT
Not just Bitcoin price: Factors affecting BTC miner profitability
The ongoing cryptocurrency bear market has triggered a massive decline in Bitcoin (BTC) mining profitability as BTC mining expenses outpace the price of Bitcoin.
02.03 / 08:59
Ethereum
Hackers
NVIDIA
GPU
Nvidia hackers selling software unlock for graphics card crypto mining limiters
A hacking group that infiltrated Nvidia servers last month is attempting to sell software that could unlock crypto mining hash rate limiters on the firm’s flagship graphics cards.
20.01 / 04:55
19.01 / 03:20
business
Bitmain
GPU
Bitcoin
Intel to reveal new energy-efficient Bitcoin mining ASIC at next ISSCC
Reports indicate that Intel, one of the largest computer processor manufacturers, intends to reveal a new “Ultra-Low-Voltage Energy-Efficient Bitcoin Mining ASIC” known as Bonanza Mine at the upcoming IEEE International Solid-State Circuits Conference in February 2022.
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