By Wayne Jones Anthropic has agreed to pay Riot Platforms $9.1 billion over 20 years for computing capacity at the miner’s Rockdale, Texas campus, according to people familiar with the matter who spoke to Bloomberg on Monday. Riot’s stock jumped 24% in after-hours trading following the report, a sharp reversal after shares had already closed […]
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Key highlights: A group of digital asset firms is urging AI companies to provide Bitcoin Core Developers with access to frontier AI models to protect the network The group, comprising over 40 industry heavyweights, argues that without access, Bitcoin is at risk Across the ecosystem, a spirited effort to protect Bitcoin from AI-powered hacks and […]
By admin Bitcoin mining companies are increasingly repurposing their sites into AI and high performance computing data centers because AI work pays more per unit of power than mining. The April 2024 halving cut block rewards to 3.125 BTC, which pushed many public miners to face cash costs near or above revenue. One report put […]