Tag: crypto mining
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Bitcoin Mining Shifts to AI Data-Centers After NVIDIA Rubin Launch
Bitcoin Mining’s New Frontier: AI Data-Center Infrastructure The Bitcoin mining industry is undergoing a rapid transformation as NVIDIA’s Rubin AI computing platform enters full production following a high-profile CES 2026 reveal. The shift isn’t a temporary pivot but a strategic retooling of operational priorities due to the convergence of cryptocurrency demand with the capabilities of…
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Bitcoin Miners Pivot to AI Data-Centers as NVIDIA Rubin Goes Live
Overview: A GPU Push into AI-Driven Mining Operations The launch of NVIDIA’s Rubin, the new AI computing platform unveiled at CES 2026, is reshaping an industry long defined by hash rates and energy costs. Rubin’s entry into full production status has triggered a notable strategic shift among Bitcoin mining firms. Rather than chasing marginal gains…
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Cango Inc. Secures New Equity Investment from EWCL to Accelerate AI Compute and Global Mining
Overview Cango Inc. (NYSE: CANG), a leading Bitcoin miner with a global footprint and an expanding energy and AI compute platform, announced today that it has secured a new equity investment from Enduring Wealth Cap Limited (EWCL). The strategic investment signals EWCL’s confidence in Cango’s business model, execution track record, and long-term growth prospects in…
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Cango Inc. Secures Strategic Equity Investment from EWCL to Accelerate Bitcoin Mining and AI Compute Expansion
Overview: Cango’s New Partnership with EWCL Cango Inc. (NYSE: CANG), a global leader in Bitcoin mining and a developer of an integrated energy and AI compute platform, announced a strategic equity investment from Enduring Wealth Capital (EWCL). The transaction marks a significant milestone in Cango’s growth strategy, reinforcing its position in the rapidly evolving digital…
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Sibu Couple Faces RM280,000 Power Bill After Tenant’s Crypto Mining
Overview: A Shocking Bill Unfolds A couple in Sibu, Malaysia, who were renting out a shophouse for a modest RM1,000 a month, were stunned to receive a demand from Sarawak Energy for RM280,000 in unpaid electricity charges. The charge stemmed from a tenant allegedly using the property for cryptocurrency mining, an activity that draws heavily…
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Sibu couple blindsided by RM280,000 electricity bill after tenant’s crypto mining steals power
Overview: A shocking bill and what happened A middle-aged couple in Sibu were stunned to receive a demand from Sarawak Energy for RM280,000 in unpaid electricity charges. The charge stems from alleged power theft linked to a tenant who allegedly used the couple’s shophouse to mine cryptocurrency. The dramatic sum underscores the financial and legal…
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Scaramucci-Led $220 Million Investment Ties Crypto Miner to President’s Family
Overview: A High-Profile Investment in a Crypto Miner In a deal that has drawn attention from crypto observers and political watchers alike, a crypto mining firm tied to the President’s family received a substantial infusion of capital led by Anthony Scaramucci. The reported total was around $220 million, with a sizable portion coming from Scaramucci-led…
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Scaramucci-Backed Crypto Mining Firm Ties to President’s Family
Overview: A High-Profile Investment in Crypto Mining An investment totaling $220 million was led by former White House communications director and noted financier Anthony Scaramucci into a crypto mining firm that has ties to members of the President’s extended circle. The money was raised before the company went public through a reverse merger in September,…
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Scaramucci-Led $220M Crypto Mining Investment Tied to President’s Family Sparks Disclosure Debate
Overview: A high-stakes investment in a crypto mining firm An influential investment round is drawing renewed scrutiny of transparency in the crypto industry. A group led by Anthony Scaramucci reportedly steered a $220 million investment into a crypto mining company that, in public records and media reporting, has ties to the President’s family. The deal…
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Illegal Crypto Mining in Iran: Straining Power and Ecology
Introduction: A Hidden Driver of Strain on Iran’s Power Grid Across Iran, a surge in unregulated cryptocurrency mining is bending the country’s aging electrical system to its limits. The lure is simple: subsidised electricity prices that make mining profitable even as demand from legitimate consumers climbs. The result is not just louder breakers and more…