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Articles tagged with "NVIDIA GPUs, Crypto Mining, AI Cloud, Tax Incentives, Ethereum Mining"

European AI cloud company secured tax breaks on NVIDIA AI GPUs, used them for crypto mining

European AI cloud company secured tax breaks on NVIDIA AI GPUs, used them for crypto mining

A European AI cloud company received tax breaks on NVIDIA AI GPUs and used them for crypto mining. The company took advantage of the tax incentives to mine cryptocurrency, likely Ethereum, with the powerful GPUs. This move raises questions about the intended use of the GPUs and the ethics of using tax breaks for crypto mining purposes.

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