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today buying $ETH 30k so now bullish may be
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Hut 8 Secures $150 Million Funding to Venture into AI The high-performance computing market is big enough for multiple bitcoin miners to win there, Hut 8 CEO says..$BTC Several Bitcoin mining companies have increasingly vocalized their diversification strategies following the Bitcoin halving, with many venturing further into artificial intelligence. Hut 8 is among them, recently announcing plans to build a high-performance computing (HPC) sector to support AI applications. On Monday, the company revealed it had secured $150 million in funding through convertible bonds from technology-focused investment firm Coatue Management. The investor believes that the mining company is well-positioned to enhance its new computational capabilities and advance its AI segment. Indeed, Hut 8 CEO Asher Genoot told Blockworks that he sees “hundreds of megawatts of opportunity” to expand upon the company’s existing footprint in this area. He explained, “We believe that scale is significant in meeting some of the current market demands while providing us with ample capacity and growth in our Bitcoin mining operations.” According to Yahoo Finance, Hut 8’s stock surged over 12% on Tuesday and climbed an additional 5% on Wednesday.
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What is NEAR Protocol? NEAR Protocol is a blockchain that uses public proof of stake and sharded mechanisms. It is similar to a community-managed cloud platform that is highly scalable and low-cost for developers to create decentralized applications easily. NEAR secures the management of critical assets like money and identity, while providing enough performance to make them useful, especially in putting the power of the Open Web into the hands of users. Note that NEAR is not a side chain, not an ERC20 token or a specialized blockchain, but simply a 1-layer protocol designed to independently support the Open Web platform. $NEAR
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Open Red pocket ND win usdt BP39LIMA7N
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What is Lista DAO? Lista DAO is a Liquid Staking Derivatives (LSD) project operating within the BNB Chain ecosystem. It focuses on enhancing the liquidity of users’ assets. Lista DAO offers two main products: Collateralized Debt Positions (CDP) and Liquid Staking. Both are designed to optimize the use of assets that users hold within DeFi applications without requiring them to sell those assets $LISTA
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