The threat to U.S. Bitcoin manufacturing comes even as the President's sons are planning to launch a mining venture.

The investment was led by StepStone Group with participation from Samsung Catalyst Fund, Qualcomm Ventures and several other backers. Auradine’s total outside funding now stands at over $300 million.

Auradine, a maker of computing rigs for bitcoin mining and AI, raised $153 million in a Series C funding round. The Silicon Valley, California-based company also formed AuraLinks AI, focused on ...

End-of-life hardware strategy creates win-win scenario for miners and hosting facilities in fluctuating markets.

In place of CPUs came Graphic Processing Units (GPUs), as miners found that using high-end graphics cards were far more effective in mining for Bitcoins. The use of GPUs increased mining power by ...