Crypto Data Centers Converting Into AI Data Centers

CoreWeave is buying Core Scientific, Bitcoin miner, for $9 billion. It is an all-stock deal to speed up AI data center construction and deployment. • Core Scientific’s 1.3 GW power capacity over 11 U.S. sites • $10B in lease savings, $500M in annual cost cuts by 2027 HIVE estimates 10 MW of NVIDIA H100 GPUs …

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Obelisk explains the state of ASICs and crypto mining

The startup Obelisk wants to create more secure, more future-proof networks for cryptocurrencies like Decred and Siacoin. Obelisk is a wholly-owned subsidiary of Nebulous, Inc. Nebulous, Inc. is the creator of Sia and employs the Sia Core team. Obelisk started as a project by the team behind Sia, a promising cryptocurrency project with a working …

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