DCD Magazine #62 - The coming wave
Will compute at sea sink or swim?
News - Critical Power, Hut 8
The latest news from the AI, data center, telco, chip, and cloud sector
DCD Magazine #62 out now
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Vertiv & Generate Capital team up on "Bring Your Own Power & Cooling" offering for data centers
Plus other news from Vertiv
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Hut 8 sells 310MW Canadian natural gas portfolio to TransAlta
Portfolio comprises four projects in Ontario
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Hut 8 awarded five-year capacity contract for 310MW of natural gas power in Ontario, Canada
Portfolio is owned and operated by subsidiary Far North Power
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Hut 8 reports $134m Q1 loss amid Trump-backed American Bitcoin focus
Bitcoin halving impacts crypto operators
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Trump sons' Bitcoin mining business plans to eventually go public
But Eric Trump claims no conflict of interest for American Bitcoin Corp
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Hut 8 acquires data center company owned by Trump sons
Parent company to focus on “low-volatility” data center business and rebrands crypto unit
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Hut 8 secures 592 acres for 300MW Bitcoin and AI data center
Investment in project expected to reach $2.5 billion
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Hut 8 secures land and power for 205MW data center in West Texas
Boosts cryptomining firm's energy portfolio to 1.3GW
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Coatue invests $150 million in Hut 8 to target AI compute market
As Soluna raises $12.5 million for GPU cloud
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Hut 8 receives court approval on bid to buy gas power plants for mining crypto
Company also making progress on merger with US Bitcoin Corp
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Crypto miner Hut 8 blames "power surges" on slow repairs at Alberta facility
Company is only operating at 15 percent capacity
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Hut 8 and US Bitcoin announce merger
And Riot Platforms January 2023 updates
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Core Scientific facing class action lawsuit over valuation and bankruptcy
Meanwhile Hut 8 pauses operations amid legal dispute
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Cryptofirm Hut 8 in dispute with Validus Power Corp over 100MW PPA in Ontatio Canada
Hut 8 says Validus missed timelines and is demanding more money than agreed under PPA