BIT

Bit Digital Expands HPC Footprint with $20.2M AI Compute Deal

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Bit Digital Expands High-Performance Computing Footprint with $20.2M AI Compute Deal

Bit Digital has secured a $20.2M deal with an AI Compute Fund managed by DNA Holdings Venture Inc., providing 576 Nvidia H200 GPUs over a two-year term. This partnership enables Bit Digital to expand into AI-driven applications, aligning with the industry’s growing demand for AI and data-intensive workloads. Bit Digital aims to achieve $100 million … Read more

BIT Mining’s Expansion Into Dogecoin And Litecoin Yields Triple Profit Of Bitcoin Mining

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BIT Mining's expansion into Dogecoin and Litecoin triples Bitcoin mining profit

Cryptocurrency mining company BIT Mining has reported substantial profits from expanding its operations to include Dogecoin (DOGE) and Litecoin (LTC). On December 4, 2024 the company revealed that the extraction of these Proof-of-work coins have proven to be almost three times more profitable than focusing solely on Bitcoin (BTC). Since launching DOGE and LTC mining … Read more

FTX Liquidator Transfers Trigger Volatility in BIT and RAY Tokens

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FTX Liquidator Transfers Trigger Volatility in BIT and RAY Tokens

Alameda Research has transferred $64.4 million worth of BIT tokens to Mirana Ventures. FTX liquidator transferred nearly $2 million worth of RAY tokens to Binance. The US government transferred millions of FTX/Alameda tokens to two wallets. Alameda Research has just transferred 72.6 million BitDAO (BIT) tokens — roughly $64.4 million — to Mirana Ventures. Alameda … Read more