Tuesday, August 24, 2021

Cryptocurrency companies are moving mining hardware out of China post-crackdown, with US-based Bit Digital trying to send 20K+ mining rigs to Canada and the US (Wall Street Journal)

Wall Street Journal:
Cryptocurrency companies are moving mining hardware out of China post-crackdown, with US-based Bit Digital trying to send 20K+ mining rigs to Canada and the US  —  Miners face high costs, other hurdles in removing their machines after Chinese crackdown  —  When China vowed to crack …



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Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; it was last valued at $1.2B in 2024 (Meir Orbach/CTech)

Meir Orbach / CTech : Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; ...