Bitcoin mining
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Hut 8 and Trump Family Start New Bitcoin Mining Company
Key Takeaways: Hut 8 Corp, a company that works with digital assets, announced today the launch of American Bitcoin Corp, a subsidiary focused on large-scale Bitcoin mining and strategic reserve building. The firm will operate as a partnership between Hut 8 and Eric Trump along with Donald Trump Jr. , with Eric Trump taking on…
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Riot Platforms Eyes AI Expansion As Bitcoin Minng Slows
1 Riot Platforms is branching beyond Bitcoin mining, announcing plans to expand into artificial intelligence (AI) and high-performance computing (HPC). The company will test these applications at their Corsicana facility in Texas, pointing to a potential shift in their business model. CEO Jason Les says the company wants to make better use of their existing…