Canaan Inc. has been selected to support a Nordic district heating network using its Avalon A1566HA hydro-cooled crypto mining units, delivering about 8 MW of heat. This technology converts compute waste heat into high-grade hot water at around 80°C, replacing traditional heating methods and providing sustainable, efficient heating to roughly 2,800 homes. The project builds on an existing 2 MW installation and reflects a growing trend to integrate energy-efficient computing with urban heating infrastructure. This initiative highlights Canaan's innovation in combining crypto mining with environmental sustainability and could accelerate the shift from fossil fuel-based heating systems in the region.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Frasers Group PLC has withheld financial guidance for the upcoming year due to uncertainty around its takeover bids for Hugo Boss and Accent Group. The retailer's full-year adjusted profit before tax fell 4% to £538 million, impacted by asset impairm...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Gabriel Holding A/S has agreed to sell its European FurnMaster furniture manufacturing operations, including subsidiaries in Poland and Lithuania, to Leggett & Platt for an initial price of approximately EUR 9 million, with a possible additional paym...
A Gaza resident raised over £55,000 on GoFundMe to support his family but faced issues as the platform cannot pay directly to Gaza, forcing funds through intermediaries who failed to deliver the full amount. This highlights a broader problem in human...
