TL;DR: European prosecutors are investigating Northern Data for allegedly misusing $586 million worth of NVIDIA AI GPUs, claiming tax breaks for AI use while potentially mining cryptocurrency. The ...
Canaan Inc. shares jumped more than 26% in early trading Thursday after the crypto mining firm landed a 50,000-rig order. Canaan said that a US-based company purchased the latest-generation “Avalon ...
Expanding and accelerating HPC/AI strategy across multiple initiatives- Received confirmation from Clarington, Ohio power ...
Nvidia is the undisputed leader in AI chips. The shift toward ASICs seen in cryptocurrency mining is an example of a risk investors need to watch when owning Nvidia. However, there are some key ...
Expanding and accelerating HPC/AI strategy across multiple initiatives- Received confirmation from Clarington, Ohio power utility that all 570 MW of electrical capacity will be available by end ...
A criminal investigation that led to raids of Northern Data AG’s offices last week is focused on whether the company illegally claimed a tax break on about €500 million ($586 million) worth of ...
Bitmain, the world’s largest Bitcoin mining rig manufacturer, is locked in a series of legal disputes with US hosting contractors. The details in the lawsuits offer a rare glimpse into at least part ...
As Bitcoin maintains its strong position at high price levels, the mining industry is witnessing another wave of growth. For traditional miners, hardware costs, electricity expenses, and maintenance ...
A crypto mining equipment company reported a massive order from a customer. That customer wasn't identified, but investors piled into mining stocks on the news regardless. Image source: Getty Images.
Graphics Cards With this RTX 5070 Prime Day deal dipping comfortably below its $550 MSRP it's a tough choice between AMD and Nvidia once again Graphics Cards Graphics card prices are totally ...