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☆ Bitcoin miner Hut 8 soars more than 15% after announcing $150 million AI investment: CNBC Crypto World
  + stars: | 2024-06-25 | by ( Tanaya Macheel | Jordan Smith | Talia Kaplan | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin miner Hut 8 soars more than 15% after announcing $150 million AI investment: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Phil Harvey, founder and CEO of Sabre56, a hosting provider and crypto mining consultant, weighs in on the recent surge in partnerships between miners and AI firms.
Persons: explainers, Phil Harvey Organizations: CNBC Crypto, CNBC
☆ Solana soars more than 12% amid broader crypto rally: CNBC Crypto World
  + stars: | 2024-02-29 | by ( Talia Kaplan | Jordan Smith | Kaan Oguz | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSolana soars more than 12% amid broader crypto rally: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Phil Harvey, CEO of Sabre56, a digital asset mining consultancy, breaks down how bitcoin's rally impacts miners ahead of April's halving event. He also explains what it will take for bitcoin miners to survive following that key technical event expected in April.
Persons: Solana, explainers, Phil Harvey Organizations: CNBC Crypto, CNBC
☆ Crypto miners turn to infrastructure consultancies like Sabre56 to help them avoid costly mistakes
  + stars: | 2022-09-28 | by ( Parisa Hashempour | ) www.businessinsider.com   time to read: +6 min
Kazi Awal/InsiderLimited power and infrastructural and logistics issues have led to inefficiencies in cryptocurrency mining farms. Sabre56 is a cryptocurrency mining consultancy working to plug a hole in this sector's problems. Companies like Sabre56 aim to help crypto miners avoid mistakes and make good choices in terms of infrastructure and planning. While many investors who populate the crypto mining industry have access to capital, Harvey says millions of dollars are often spent buying equipment without considering essential infrastructural issues. Designing a successful crypto mining facilitySabre56 has consulted on projects as varied as re-routing excess power from Abu Dhabi's nuclear projects to sustainably-sourced mining in Norwegian and Canadian hydroelectric dams.
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