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NetBrands and Baselayer Energy Form a Strategic Alliance to Develop Up to 100MW Digital Infrastructure Targeting Crypto Mining and AI/HPC
Accessnewswire· 2026-03-19 12:35
Core Viewpoint - NetBrands Corp has formed a strategic alliance with Baselayer Energy to develop up to 100 MW of digital infrastructure targeting crypto mining and AI/HPC applications [1][2][8] Group 1: Strategic Collaboration - The collaboration aims to combine NetBrands' access to capital markets with Baselayer's expertise in low-cost energy sourcing and infrastructure deployment [2] - The parties will explore a hybrid digital mining strategy to optimize Bitcoin production and operational efficiency [3] Group 2: Project Development - The initial phase will focus on developing up to 100 MW of data center capacity, with potential expansion in regions with competitive electricity costs, typically $0.035 per kWh or lower [4] - Target regions for development include the United Arab Emirates, Turkmenistan, Central Asia, the Middle East, Latin America, and North America [4] Group 3: Infrastructure and Operations - Projects may involve long-term power agreements and the conversion of underutilized energy resources into digital infrastructure assets [5] - A phased development approach will begin with rapid deployment of ASIC capacity through containerized infrastructure [6] Group 4: Joint Venture Structure - The companies are evaluating the formation of a joint venture through a Special Purpose Vehicle (SPV), with NetBrands holding a 65% ownership interest and Baselayer 35% [7] - Final governance, financing, and operational terms will be defined in future agreements [7] Group 5: Strategic Goals - The collaboration is expected to strengthen NetBrands' strategy of building scalable, energy-diverse digital infrastructure platforms while maintaining exposure to the growth of digital asset markets [8]
X @Wu Blockchain
Wu Blockchain· 2026-03-10 13:06
Global Crypto Mining News in February: Bitcoin mining difficulty surged nearly 15% to a record 144.4T, the largest absolute increase ever. Bitdeer liquidated its entire proprietary BTC holdings and planned $300M+ convertible notes for expansion. Macro pressures from Trump’s 15% tariff hike drove BTC below $65,000 with $230M long liquidations. Canaan acquired 49% of Cipher Mining’s ABC Projects for $39.75M. Read more https://t.co/eDs8VrQgkA ...
X @BSCN
BSCN· 2026-03-09 07:44
🚨JUST IN: ALIBABA-LINKED AI AGENT CAUGHT IN UNAUTHORIZED CRYPTO MININGResearchers say an experimental AI agent linked to Alibaba attempted unauthorized crypto mining during training, according to The Block.The model, called ROME, was built to handle complex coding tasks, according to a technical paper released in December and later revised in January.It operates on the Qwen3-MoE architecture with 30B parameters.Security systems detected unusual GPU activity. Traffic patterns resembled cryptocurrency mining ...
X @Cointelegraph
Cointelegraph· 2026-03-08 18:30
⚡️ NOW: Researchers say an experimental AI agent attempted unauthorized crypto mining during training by diverting GPU resources and opening a reverse SSH tunnel to an external server. https://t.co/yWmQUjfZbD ...
HIVE Digital Technologies .(HIVE) - 2026 Q3 - Earnings Call Presentation
2026-02-17 13:00
Q3 F2026 Results Webcast Quarter Ended December 31, 2025 Disclosures In this presentation, "HIVE" or the "Company" refers to HIVE Digital Technologies Ltd (TSX.V: HIVE | NASDAQ: HIVE). Currency: All amounts are in US dollars, unless otherwise indicated. Forward Looking Information. Except for the statements of historical fact, this presentation contains "forward-looking information" within the meaning of applicable Canadian and U.S. securities regulations. These forward- looking statements are based on expe ...
X @Wu Blockchain
Wu Blockchain· 2026-02-10 12:35
Global Crypto Mining News in January: Mining profitability under pressure. MARA transferred >2,125 BTC but held >52k BTC (second globally). Rigs like S19 XP+ Hyd neared shutdown; S21 at $69K–$74K. Bitmain cut S19/S21 prices to $3–$8/TH/s, expanded hosting bundles. North American pools fell to 35% share amid AI/HPC pivot. Bitdeer self-mined 636 BTC (Dec 2025, 55.2 EH/s); CleanSpark 7,746 BTC (2025); Bit Digital exited BTC for ETH/AI. Regional: Ethiopia seeks partners; Russia tightens illegal mining rules; Ma ...
CleanSpark: The Economics Are Shifting With Bitcoin Crashing (Downgrade) (NASDAQ:CLSK)
Seeking Alpha· 2026-02-06 10:00
Core Insights - In 2026, crypto miners are experiencing significant volatility and panic selling, potentially more than Bitcoin itself [1] - Companies have invested billions in acquiring mining capacity due to rising Bitcoin prices, indicating a competitive landscape in the data center space [1] Industry Overview - The crypto mining industry is facing challenges as it competes in a crowded data center market, which may impact profitability and operational stability [1] - The experience of analysts covering technology companies and startups suggests a deep understanding of the themes influencing the crypto mining sector [1]
Russia's biggest bitcoin mining firm's founder arrested for tax evasion while his company faces bankruptcy
Yahoo Finance· 2026-02-02 21:06
Company Overview - Igor Runets, founder of BitRiver, Russia's largest crypto mining firm, is under house arrest on tax evasion charges, facing three allegations of concealing assets to evade taxes [1] - BitRiver was founded in 2017 and has expanded to 15 data centers with over 175,000 servers and a capacity of 533 megawatts [2] - The company was sanctioned by the U.S. in 2022 following Russia's invasion of Ukraine [2] Legal and Financial Challenges - BitRiver is facing potential bankruptcy after an En+ Group subsidiary filed an insolvency claim for over $9.2 million, alleging failure to deliver prepaid mining equipment [4] - Legal challenges arise amid rising energy debts, equipment disputes, and internal turmoil within BitRiver [5] - Several data centers have reportedly shut down due to regional mining bans, and a significant portion of senior management has left the company over the past year [6] Industry Context - The crypto mining industry is experiencing widespread financial troubles following a recent halving event that reduced rewards, squeezing profit margins [7] - Rising power costs and falling bitcoin prices have led many miners to pivot towards offering data centers for AI and cloud computing firms, diversifying their business models away from traditional mining [7] - A potential collapse of BitRiver could accelerate consolidation in Russia's mining sector and reshape expectations around electricity demand from the industry [6]
X @Cointelegraph
Cointelegraph· 2026-01-28 15:15
⚡ INSIGHT: Just because you can mine crypto on essentially any device doesn’t mean you should. Check out the wildest Bitcoin mining experiments ever.Via Cointelegraph Magazine https://t.co/935pDbLyTl ...
T-REX Acquisition Corp Partners with FMW Media Works LLC as its Public Relations and Media Expert
Globenewswire· 2026-01-08 20:50
Core Insights - T-REX Acquisition Corp has entered into a services contract with FMW Media Works for public relations and media support throughout 2026, including a comprehensive 12-part media series [1][2] Group 1: Media Series Details - The media series will consist of long-form executive interviews, earned media distribution, national television commercials, and outdoor billboard placements, aimed at providing T-REX with extensive exposure across various media channels [2][3] - Filming and production for the series will commence immediately, with initial segments expected to be broadcast in the near term [2] Group 2: Company Strategy and Goals - Each episode of the series is designed to allow T-REX's leadership to articulate its strategy, growth initiatives, and market positioning effectively [3] - The collaboration with FMW Media Works is intended to enhance T-REX's visibility and credibility, showcasing its growth strategy, new products, and business verticals to shareholders and the investment community [4] Group 3: Company Overview - T-REX Acquisition Corp operates as a growth stage, vertically integrated crypto mining business through its subsidiaries, which include Raptor Mining LLC, Megalodon Mining and Electric LLC, Sabretooth Mining Containers LLC, and Deinodon Mining Solutions LLC [5]