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BTC $65,582.53 -2.92%
ETH $1,895.75 -2.72%
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XRP $1.42 -4.56%
SOL $81.67 -4.53%
TRX $0.2795 -0.47%
DOGE $0.0974 -3.83%
ADA $0.2735 -4.22%
BCH $533.59 -6.78%
LINK $8.64 -2.97%
HYPE $28.98 -1.81%
AAVE $122.61 -3.42%
SUI $0.9138 -6.63%
XLM $0.1605 -4.62%
ZEC $260.31 -8.86%

server

Luxor announces the expansion of its hardware business to GPU and AI servers, supporting Bitcoin mining companies in deploying AI and high-performance computing

The Bitcoin mining infrastructure company Luxor announced the expansion of its hardware business from ASICs to GPUs and AI server fields, further extending its procurement, logistics, and financing capabilities to the high-growth artificial intelligence and high-performance computing (HPC) markets.Luxor stated that the core bottleneck currently faced by the industry is the actual shortage of deployable computing power, while mining companies have unique advantages in transitioning to AI data centers, including power contracts, sites, and advanced cooling systems. Since its establishment, Luxor has procured over $750 million in ASICs for Bitcoin miners, and this experience will now be extended to GPU and server procurement, providing end-to-end solutions that include new, refurbished, and used equipment.Its channels cover major manufacturers such as Dell, HPE, Lenovo, and PNY, and are supported by U.S. warehousing, international logistics, equipment installation, and hosting construction capabilities. Luxor pointed out that the global Bitcoin mining network currently has data center capacity close to 20GW, with an additional 10GW of potential expansion space, of which 35%-40% is located in the United States.As mining companies gradually shift some capacity towards AI and HPC hosting, Luxor will also adjust its service structure accordingly. As the only mining pool with comprehensive financing and hedging capabilities, Luxor can assist miners in obtaining GPU procurement funds through computing power and can provide structured financing such as sale-leaseback through partners. Additionally, its Tenki cloud computing marketplace can help operators immediately monetize computing resources once the hardware is online.Luxor stated that the company has built a full-process infrastructure network covering tax-advantaged warehousing in Montana and Delaware, OEM installation, warranty management, export control compliance, and old equipment disposal, aiming to meet the multi-billion dollar capital investment needs of customers in the AI and HPC era.

The United States seizes $1 million in Bitcoin and related servers from a Russian ransomware gang

ChainCatcher news reports that U.S. and international law enforcement agencies have seized 4 servers, 9 domain names, and approximately $1 million in Bitcoin, which are linked to a notorious Russian ransomware gang accused of attacking hundreds of institutions across critical sectors.The U.S. Department of Justice stated that the operation began on July 24, executed jointly by U.S. agencies along with those from Canada, Germany, Ireland, France, the UK, Ukraine, and Lithuania, targeting infrastructure associated with BlackSuit and Royal ransomware. Investigators believe that these two ransomware variants were developed by the same cybercrime group.Authorities claim that since 2022, the gang has extorted over $500 million in ransom, with a single ransom demand reaching as high as $60 million. It is alleged that they attacked more than 450 victims in the U.S. during this period, including hospitals, schools, police departments, energy companies, and government agencies, illegally profiting at least $370 million.The seized cryptocurrency was valued at $1,091,453 at the time of the seizure, originating from a digital wallet frozen by a trading platform in January 2024. According to court documents, these funds include a portion of Bitcoin ransom paid by a victim in April 2023, totaling $1.45 million.Victims of BlackSuit and Royal are typically required to pay ransoms in Bitcoin through dark web sites. Cybersecurity officials warn that operators of such malware often combine intimidation tactics with sophisticated data theft techniques, making it difficult to recover data without paying the ransom.
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