Tag: HPC

Cipher Mining Inks $3 Billion Deal with Fluidstack, Welcomes Google as Strategic Investor

By Marco Piccolo Key highlights: Cipher Mining signs a $3 billion, 10-year high-performance computing (HPC) colocation agreement with AI cloud provider Fluidstack. Google acquires warrants for a 5.4% equity stake in Cipher by backstopping $1.4 billion of Fluidstack’s lease obligations. The deal positions Cipher as a rising player in the AI infrastructure space, expanding beyond […]

CleanSpark Secures $100 Million Bitcoin-Backed Loan as Shares Jump 5%

By Emir Abyazov Key highlights: $100M Bitcoin-backed loan boosts CleanSpark stock by 5% CleanSpark leverages 13,000 bitcoins for mining and HPC growth Record revenue highlights strategic expansion in energy and crypto CleanSpark secures $100 million Bitcoin-backed loan CleanSpark has secured a $100 million Bitcoin-backed loan, sending its shares up 5% in over-the-counter trading. The Bitcoin […]