financetom
Business
financetom
/
Business
/
Bit Digital Says Customer Requests Doubling of Processing Speed
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Bit Digital Says Customer Requests Doubling of Processing Speed
Mar 27, 2024 2:39 AM

05:26 AM EDT, 03/27/2024 (MT Newswires) -- Bit Digital ( BTBT ) said Tuesday that one of its customers has requested a doubling of the company's processing power.

The digital asset mining and artificial intelligence platform said a Bit Digital AI customer has asked to expand their deal from 2,048 GPUs to 4,096 GPUs.

Bit Digital ( BTBT ) said it intends to accept the client's proposal, pending agreement on precise terms.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Whitecap Resources Closes $400 Million Notes Offering
Whitecap Resources Closes $400 Million Notes Offering
Nov 1, 2024
09:12 AM EDT, 11/01/2024 (MT Newswires) -- Whitecap Resources ( SPGYF ) said Friday that it closed its offering of $400 million in senior unsecured notes due Nov. 1, 2029. The company said it will use the proceeds to repay existing debt. Whitecap said the notes will bear interest at a fixed rate of 4.382% per year. Morningstar DBRS assigned...
Donegal Group Insider Sold Shares Worth $542,360, According to a Recent SEC Filing
Donegal Group Insider Sold Shares Worth $542,360, According to a Recent SEC Filing
Nov 1, 2024
09:07 AM EDT, 11/01/2024 (MT Newswires) -- Sanjay Pandey, Sr. VP & Chief Info Officer, on Oct. 31, 2024, sold 35,000 shares in Donegal Group ( DGICA ) for $542,360. Following the Form 4 filing with the SEC, Pandey Sanjay has control over a total of 33,727 shares of the company, with 6,871 shares held directly and 26,856 controlled indirectly....
Integer Completes Sale of Electrochem to Ultralife for $50 Million
Integer Completes Sale of Electrochem to Ultralife for $50 Million
Nov 1, 2024
09:02 AM EDT, 11/01/2024 (MT Newswires) -- Integer Holdings ( ITGR ) has completed the sale of its non-medical Electrochem business to Ultralife ( ULBI ) for $50 million in cash, the companies said Friday. Integer said it will use the proceeds for the payment of outstanding debt. Meanwhile, Ultralife ( ULBI ) said it financed the deal with a...
Self-proclaimed bitcoin inventor faces contempt of court case over $1.2 bln UK lawsuit
Self-proclaimed bitcoin inventor faces contempt of court case over $1.2 bln UK lawsuit
Nov 1, 2024
LONDON, Nov 1 (Reuters) - An Australian computer scientist who claimed he invented bitcoin was on Friday accused of contempt of court after he filed a 911 million-pound ($1.18 billion) lawsuit against Twitter founder Jack Dorsey's payments firm Block in Britain. Craig Wright claimed to have been the author of the foundational text of bitcoin published under the pseudonym Satoshi...
Copyright 2023-2026 - www.financetom.com All Rights Reserved