Tag: Cryptocurrency mining industry

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Embracing the AI Boom: Northern Data Considers Leaving Bitcoin Mining Roots

Northern Data, Europe's largest Bitcoin miner, is considering selling its mining division, Peak Mining, to focus more on its rapidly growing AI Solutions business....
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Bitcoin Mining Profits Declined in July, According to Jefferies

Bitcoin mining profits experienced a slight decline in July, according to a report by investment bank Jefferies. The bank noted that the profitability of...
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xAI Raises $6 Billion in Series C Funding with Top Investors

xAI Secures $6 Billion in Series C FundingIn a groundbreaking development, xAI, a renowned developer of advanced artificial intelligence systems, has successfully closed its...