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BTC Miner Core Scientific Expands Contract With Coreweave, Eyes $8.7B in HPC Revenue

BTC Miner Core Scientific Expands Contract With Coreweave, Eyes $8.7B in HPC RevenueCore Scientific has revealed that Coreweave has chosen to expand its high-performance computing (HPC) infrastructure by another 120 megawatts (MW), pushing the total contracted capacity to around 500 MW. Core Scientific and Coreweave Extend Partnership This contract extension could bring Core Scientific’s (Nasdaq: CORZ) total revenue up to $8.7 billion over the next 12 years. […]

source https://news.bitcoin.com/btc-miner-core-scientific-expands-contract-with-coreweave-eyes-8-7b-in-hpc-revenue/

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Barry Silbert Resigns as Chairman of Grayscale Investments

Digital Currency Group (DCG) founder Barry Silbert has resigned from his position as the chairman of Grayscale Investments. Current DCG chief financial officer Mark Shifke succeeds Silbert and is joined by Edward McGee and Matthew Kummell as members of the new look board. Preparing for Grayscale’s Next Chapter Barry Silbert, the founder and CEO of Digital Currency Group, has resigned from his position as chairman of the digital asset management company Grayscale and will be replaced by Mark Shifke. According to the company’s filing with the Securities and Exchange Commission (SEC), starting Jan. 1, 2024, Grayscale’s board will be composed of Mark Shifke, Matthew Kummell, and Edward McGee. Current Grayscale Investments CEO Michael Sonnenshein is also a board member, while Mark Murphy, the president of Digital Currency Group (DCG), departs alongside Silbert. Commenting on the changes to the board, an unidentified Grayscale spokeswoman reportedly said: “Grayscale and our investors ...
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Bitcoin 2024: Ten Months in Review, Key Milestones, and Expert Predictions for Year-End

As of Nov. 11, 2024, bitcoin (BTC), the undisputed crypto heavyweight, has enjoyed a phenomenal year. Over the last ten months, it has been breaking records across the board. From hashrates to daily transaction peaks, price surges, and making an impact in non-fungible tokens (NFTs) and decentralized finance (defi), BTC has been on a non-stop […] source https://news.bitcoin.com/bitcoin-2024-ten-months-in-review-key-milestones-and-expert-predictions-for-year-end/
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Cryptoquant CEO: US Strategic Bitcoin Reserve Adoption Unlikely Amid Economic Strength

Since Donald Trump was elected the 47th President of the United States, bitcoin advocates have faced skepticism about whether his administration and the forthcoming Congress would introduce a strategic bitcoin reserve. Cryptoquant CEO: ‘Bitcoin Standard’ Needs U.S. Economic Decline to Gain Traction Ki Young Ju, CEO of Cryptoquant, took to social media to voice his […] source https://news.bitcoin.com/cryptoquant-ceo-us-strategic-bitcoin-reserve-adoption-unlikely-amid-economic-strength/
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