Immersion Cooling Firm LiquidStack Secures Series B Funding to Build Manufacturing in U.S.
The Marlborough, Massachusetts startup started out in the early days of bitcoin mining in Hong Kong, before being merged into German miner Bitfury in 2015, and then going off on its own again in 2021. “We were the first company in the world to not only deploy immersion cooling for mining, but to also do it at massive scale,” Capes said, referring to two Bitfury sites in Central Asia.
Related Posts


Validators Create New Attack Vectors for Decentralized Systems
Pascal Thellman is CMO at Bounty0x, a simple service for earning crypto, and an advisor at PolyGrowth, a crypto PR firm. — As proof-of-stake (PoS) networks gear up in an effort to compete with proof-of-work (PoW) blockchains, significant attention has been placed on their validator mechanisms and incentive structures for maintaining valid consensus. In particular,…

Coinbase Rally on the Back of XRP Court Ruling Is Overdone: Berenberg
Coinbase (COIN) shares rose over 24% Thursday after the U.S. District Court dismissed part of the Securities and Exchange Commission’s (SEC) case against Ripple Labs and ruled that the company’s XRP token is not a security, however, the extent of the rally may not be warranted, investment bank Berenberg said in a research report.“The surge…

Ethereum Block Count Spikes As Difficulty Bomb Diffuses on Schedule
news The rate at which new transaction blocks are being added to the ethereum blockchain is back on the rise after the network’s successful upgrades, Constantinople and St. Petersburg, last week. According to blockchain analytics site Etherscan, the daily block count increased more than 1,500 blocks within a 24-hour period after the upgrades, implemented as hard…

CoinDesk 20 Performance Update: HBAR Drops 3.5%, Leading Index Lower From Monday
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information have been updated . CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial

Louisiana State Senate to Consider Crypto Business Licensing Bill
May 22, 2020 at 18:34 UTCUpdated May 22, 2020 at 18:35 UTCA statue beside the Louisiana State Capitol (Credit: Jeffrey Schwartz / Wikimedia Commons)Louisiana State Senate to Consider Crypto Business Licensing BillThe Louisiana State Senate is about to consider a bill to regulate and license virtual currency businesses. Sponsored by state Rep. Mark Wright (R-77),…

Chinese Bank Giants Tap Blockchain in Trade Finance Efficiency Boost
news The China Banking Association (CBA), the country’s self-regulatory organization for the banking sector, is launching a new blockchain-based platform for trade finance. The platform was announced last week while the organization is in the process of rolling it out for live usage after several pilot programs aimed at improving the efficiency and security of trade…

Crypto VC Firm Assesses the ‘State of Blockchain Governance’
Aug 13, 2020 at 14:00 UTCInside the Bundestag, Germany's federal parliament. (Ricardo Gomez Angel/Unsplash)Crypto VC Firm Assesses the ‘State of Blockchain Governance’Everyone in crypto has been talking about decentralized finance (DeFi) since bankless lending started to boom in June. But, looked at another way, it’s really a governance boom. Into this environment has stepped Greenfield…

First UK Pension Fund Invests in Bitcoin
British pension specialist Cartwright has guided the country's first pension fund to allocate money into bitcoin. The unnamed fund invested 3% of its total assets directly into the token, as opposed to using a proxy such as a spot ETF. Cartwright is also launching a Bitcoin Employee Benefits scheme, which would allow employers to pay