Blockchain
Amulet Hotkey Provides Unprecedented GPU Density for HUT 8 Mining
Amulet Hotkey, a leader in design, manufacturing and system integration for mission-critical remote workstation and high-GPU-density solutions, is pleased to confirm it is now supplying HUT 8 Mining Corp. with its CoreServer CX4140 technology that hosts either four NVIDIA CMPs or four NVIDIA A100 GPUs in a 1U rack form factor server, representing unprecedented compute density for High Performance Computing (HPC) or the mining of blockchain networks.
Amulet Hotkey is trusted by partners and customers to deliver solutions that shatter the CMP or GPU rack density offered by other manufacturers. By using its knowledge and experience in managing heat dissipation, Amulet Hotkey has once again demonstrated how strategic partnerships deliver unprecedented benefits.
“A key element for HUT 8 Mining is to work with technology partners who can bring flexible enterprise-grade equipment and who are able to meet the timelines and needs of an industrial-size crypto currency miner,” said Jason Zaluski, Head of Technology, HUT 8 Mining. “Amulet Hotkey’s ability to engineer four NVIDIA CMPs into a 1U rack server is testament to the way their technology is able to combine performance and efficiency, both aspects are critical to our mining at scale”
HUT 8 Mining made the strategic decision to purchase Amulet Hotkey CoreServer CX4140 servers and NVIDIA CMPs to significantly increase their blockchain mining business and pursue additional computationally intensive applications in the high-performance computing space.
“This is a great example of how Amulet Hotkey’s technical expertise in heat management can constantly challenge the limitations of others,” said Mark Stevens, Director of Engineering, Amulet Hotkey. “We are able to achieve this unprecedented GPU density because of our engineering excellence, built up through decades of working with industry leading partners.”
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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