Tag: mining

Auradine Secures $153M Funding, Unveils Advanced Bitcoin Mining Hardware

Auradine Secures $153M Funding, Unveils Advanced Bitcoin Mining Hardware

Auradine, a startup building hardware for Bitcoin mining and AI, recently raised a massive $153 million. This funding round was co-led by StepStone Group. The extension of the Series D round included participation from Samsung Catalyst Fund, Qualcomm Ventures and other unspecified investors. This new funding pushes Auradine’s total outside...

Auradine's $153M: Mining to AI, What's the Big Deal?

Auradine's $153M: Mining to AI, What's the Big Deal?

Auradine is ready to take a leadership position in the hardware acceleration space. The announcement comes after the company’s recent successful $153 million Series C funding round. This latest financial round brings their cumulative funding over the $300 million mark. It represents a new and significant pivot in the company’s...

Bhutan's Bold Bet Millions in Bitcoin Mining Fuels Economic Ambitions

Bhutan's Bold Bet Millions in Bitcoin Mining Fuels Economic Ambitions

Bhutan, the small Himalayan kingdom, has quietly, but decisively, become one of the world’s most important actors in the largely unregulated world of cryptocurrency. The reclusive country has been mining Bitcoin for several years, amassing holdings worth over $600 million as of April 9. Bhutan’s strategic investment in Bitcoin is...

Tether Boosts Bitcoin Decentralization by Deploying Hashrate on OCEAN Mining Pool

Tether Boosts Bitcoin Decentralization by Deploying Hashrate on OCEAN Mining Pool

Tether, the biggest company in the global digital asset industry, just dropped some great news. They aim to use all of their current and future hashrate on OCEAN, one of the largest Bitcoin mining pools that value decentralization. This move leverages OCEAN's DATUM Gateway software and aligns with Tether's broader...

Tether's Bitcoin Mining Move: A Return to True Decentralization?

Tether's Bitcoin Mining Move: A Return to True Decentralization?

The woke brigade, for one, has been trying to hijack Bitcoin’s narrative for way too long. They would have you think that Bitcoin requires their brand of "inclusion" and their brand of "sustainability." Bitcoin was never about that. It was always about freedom. Tether's recent move to deploy hashrate on...

Trump Family Deepens Crypto Ties with Mining Operation and Stablecoin Plans

Trump Family Deepens Crypto Ties with Mining Operation and Stablecoin Plans

Donald Trump, the wealthiest individual to ever hold the office of US President, is significantly expanding his reach into the cryptocurrency sector. Vote Trump has amassed tremendous investments in real estate. Today, he has extended his reach into lending, a soon-to-come stablecoin, other crypto-assets and even launched a mining operation....