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Tag: data center

Adeptia Announces Self-Managed & Hybrid Deployment, Empowering Organizations in Highly Regulated Industries with Unmatched Control & Superior Compliance

Leader in intelligent data automation™ offers self-managed and hybrid cloud deployment, providing unparalleled enterprise-grade security and operational simplicity, helping organizations meet stringent compliance requirements CHICAGO,...

AI RAN to Top $10 Billion by 2029, According to Dell’Oro Group

D-RAN, Single-Purpose, and 5G to Shape AI RAN Market REDWOOD CITY, Calif., July 10, 2025 /PRNewswire/ -- According to a brand-new AI RAN Advanced Research...

AEP Ohio Proposal on Data Centers to Protect Ohio Consumers Adopted by PUCO

GAHANNA, Ohio, July 9, 2025 /PRNewswire/ -- AEP Ohio today recognized a ruling by the Public Utilities Commission of Ohio that addresses the power...

Daelim Belefic Expands U.S. Inventory of Ready-to-Ship UL-Listed Transformers for Data Centers and Crypto Mining

HOUSTON, July 9, 2025 /PRNewswire/ -- The growth of AI-driven data centers and cryptocurrency mining  has created unprecedented demand for UL-listed, high-efficiency transformers. Daelim Belefic...

SciBase Launches Nevisense Pilot at Leading University in Southeast Florida

STOCKHOLM, July 9, 2025 /PRNewswire/ -- SciBase Holding AB ("SciBase") (STO: SCIB), a leading developer of augmented intelligence-based solutions for skin disorders announced today that a private...

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:

ePlus Named Digital Realty’s 2024 Rising Star Partner of the Year

HERNDON, Va., July 8, 2025 /PRNewswire/ -- ePlus inc. (NASDAQ NGS: PLUS – news) today announced that it has been recognized as Digital Realty's 2024 Rising Star...

Terrestrial Energy and NRG PALLAS Begin Final Phase of Graphite Irradiation Testing for Supplier Selection

Materials testing enables selection of graphite grade and licensing for its Generation IV Integral Molten Salt Reactor (IMSR) nuclear technology, designed to supply high- temperature, clean, firm and flexible thermal and electric energy, with sector-competitive economics and leading time-to-market at fleet scale

Harmonic Sets DOCSIS 4.0 Record with 14 Gbps Downstream Speed at CableLabs Interoperability Event

SAN JOSE, Calif., July 8, 2025 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced a record-breaking demonstration at the recent CableLabs® Interop event, setting a...

LG ANNOUNCES AMBITION TO BECOME TOP-TIER GLOBAL HVAC SOLUTION PROVIDER

Accelerating B2B HVAC Leadership Through Industrial Solutions, Strategic Acquisitions and Localized Value Chains SEOUL, South Korea, July 8, 2025 /PRNewswire/ -- LG Electronics (LG), at a press...

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

New Customer Selects Silicom Edge System for its Multi-Site Networking Solutions

 - $1 million annual run rate with potential for a significant multi-million-dollar scale-up - KFAR SAVA, Israel, July 7, 2025 /PRNewswire/ -- Silicom Ltd. (NASDAQ:...

Digital Finance Forum of Global Digital Economy Conference 2025 Grandly Convened at Beijing Banking & Insurance Business Park

BEIJING, July 7, 2025 /PRNewswire/ -- On July 3, the Digital Finance Forum of the Global Digital Economy Conference 2025 was held at the...

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