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Tag: computing

EU selects SUPREME consortium to scale up industrial production of superconducting quantum chips

ESPOO, Finland, July 9, 2025 /PRNewswire/ -- SUPREME aims to develop stable fabrication processes for European superconducting quantum chips with improved repeatability and yield....

PS Miner announces rapid progress in its AI cloud mining infrastructure after raising $350 million in Series B funding

London, UK, July 08, 2025 (GLOBE NEWSWIRE) -- PS Miner, a UK cloud mining platform headquartered in Southwark, London, was founded in 2019. On July 1, 2025, it announced the successful completion of its Series B financing, receiving $350 million to support the integration of artificial intelligence technology into its cloud mining business. This round of financing was participated by several investment institutions with expertise in blockchain and sustainable technology.
The company said the newly raised funds will be used to enhance its global network of renewable energy data centers and develop artificial intelligence mining systems designed to improve operational efficiency. These systems are designed to dynamically manage computing resources, predict optimal mining intervals, and reduce overall energy consumption, thereby increasing block verification success rates and operational stability.
PS Miner currently operates more than 50 data centers in multiple countries. These facilities are powered by renewable energy such as wind and solar energy, in line with the company's environmentally sustainable mining strategy. The platform serves more than 7 million users in more than 180 countries and regions.
Cloud Mining Overview
Cloud mining allows users to access cryptocurrency mining capabilities by renting computing power from a service provider without having to purchase and maintain physical hardware. This model provides an alternative to traditional mining, which usually requires a lot of capital investment and technical expertise.
Open the website: psminer.com, and you can get a mining experience contract worth $12 after registration.
PS Miner supports a variety of digital assets, including BTC, ETH, DOGE, USDT, USDC, LTC, XRP, SOL and BCH. The mining business is fully managed by the company, including hardware maintenance and infrastructure operations.
Integration of AI
Integrating AI into PS Miner’s cloud mining framework aims to optimize resource allocation and performance in real time. This approach is expected to reduce power consumption in renewable energy centers and improve system responsiveness.
The company has stated that it plans to expand its green data center layout in Europe, North America and Asia. These centers are expected to use wind and hydroelectric power to provide low-cost and sustainable mining capacity.
Mining Contract Structure
PS Miner offers a variety of cloud mining contract options. These contracts vary in terms of duration and computing power allocation. After the contract is activated, mining income is settled on a daily basis, and the contract principal is returned when the contract expires.
The existing contract levels include terms of 1 to 60 days, and are adjusted accordingly based on the scale of calculations and expected net income. For more details on cloud mining contracts, please visit: https://psminer.com/project
Here are some of the contract displays:

Vicor Corporation to Hold Second Quarter Earnings Conference Call and Webcast on July 22, 2025

ANDOVER, Mass., July 08, 2025 (GLOBE NEWSWIRE) -- Vicor Corporation (NASDAQ: VICR) announced today it will hold its second quarter 2025 earnings conference call and webcast on Tuesday, July 22, 2025 at 5:00 p.m. (Eastern). Prepared remarks regarding the company's financial and operational results for the three and six months ended June 30, 2025 will be followed by a question and answer period with Patrizio Vinciarelli, Chief Executive Officer, Jim Schmidt, Chief Financial Officer, and Phil Davies, Corporate Vice President, Global Sales and Marketing.

Ezurio Appoints Mark Pugerude as Chief Executive Officer to Accelerate Strategic Growth and Innovation

AKRON, Ohio, July 8, 2025 /PRNewswire/ -- Ezurio, a global leader in connectivity, today announces the appointment of Mark Pugerude as Chief Executive Officer (CEO),...

AmpliTech Group’s 5G Division Receives $2.9 Million Follow-On Orders As Part Of $40M LOI For 5G ORAN Radio Products From Tier 1 MNO

AmpliTech Group’s 5G Division Receives $2.9 Million Follow-On Orders As Part Of $40M LOI For 5G ORAN Radio Products From Tier 1 MNO

BTQ Launches World’s First Quantum Proof-of-Work Simulator, Delivering the First Commercial Demonstration of Quantum Advantage in Blockchain Consensus

BTQ Quantum Proof-of-Work (QPoW) Simulator offers a live, interactive platform to demonstrate quantum-native consensus mechanisms that remain compatible with existing blockchain infrastructure.QPoW delivers measurable...

BTQ Launches World’s First Quantum Proof-of-Work Simulator, Delivering the First Commercial Demonstration of Quantum Advantage in Blockchain Consensus

BTQ Quantum Proof-of-Work (QPoW) Simulator offers a live, interactive platform to demonstrate quantum-native consensus mechanisms that remain compatible with existing blockchain infrastructure.QPoW delivers measurable...

Westbridge Renewable Energy Announces Launch of First Data Centre Project: Fontus, a 380+ MW Strategic Hub in Colorado

CALGARY, AB, July 8, 2025 /PRNewswire/ - Westbridge Renewable Energy Corp. (TSXV: WEB) (OTCQX: WEGYF) (FRA: PUQ) ("Westbridge", "Westbridge Renewable" or the "Company") a leading...

Akamai Announces New Members Elected to its Board of Directors

Janaki Akella and Bas Burger bring extensive experience in global business transformation, innovation, AI, and go-to-market strategies CAMBRIDGE, Mass., July 8, 2025 /PRNewswire/ --...

Web3 Gaming Market Size Worth USD 182.98 Billion by 2034 Driven by AI and Player-Centric Innovations

According to Precedence Research, the global web3 gaming market size is calculated at USD 37.55 billion in 2025 and is expected to be worth around USD 182.98 billion by 2034, registering a robust CAGR of 19.24% from 2025 to 2034. North America accounted for USD 11.34 billion in 2024 and is poised to maintain its dominance with a double-digit CAGR of 19.40%.
According to Precedence Research, the global web3 gaming market size is calculated at USD 37.55 billion in 2025 and is expected to be worth around USD 182.98 billion by 2034, registering a robust CAGR of 19.24% from 2025 to 2034. North America accounted for USD 11.34 billion in 2024 and is poised to maintain its dominance with a double-digit CAGR of 19.40%.

Lingnan hosts over 300 global experts at Digital Universities Asia – Exploring AI integration and innovation in higher education and beyond

HONG KONG, July 8, 2025 /PRNewswire/ -- Lingnan University, in partnership with Times Higher Education (THE), launched Digital Universities Asia 2025 on 8 July...

Is AI surge Heating Up Data Centers? – Read the Report From Camfil Air Filters

Camfil’s new resource highlights how AI workloads are rapidly increasing compute demands, electricity usage, and heat generation in data centers
Camfil’s new resource highlights how AI workloads are rapidly increasing compute demands, electricity usage, and heat generation in data centers

GLOBAL QUANTUM FORUM TO DEBUT DURING TECHCHICAGO WEEK, MARKING A DEFINING MOMENT FOR THE QUANTUM INDUSTRY

Over 70 Speakers Including Illinois Governor JB Pritzker, IBM CEO Arvind Krishna, NYU Professor Scott Galloway and Technology Journalist David Pogue to Take Part in...

Global Wet Chemicals in Semiconductor Market Forecast: USD 1.7B by 2031, Driven by Advanced Node Manufacturing | Valuates Reports

BANGALORE, India, July 7, 2025 /PRNewswire/ -- Wet Chemicals in Semiconductor Market is Segmented by Type (General Wet Chemicals, Functional Wet Chemicals), by Application...

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