Auradine, a name synonymous with cutting-edge Bitcoin mining technology, has just secured a staggering $80 million in its Series B funding round. This hefty injection of capital positions them as a frontrunner in the blockchain, security, and AI landscapes.

The funding round attracted a powerhouse of investors, including both new names like StepStone Group and veterans like Mayfield Fund and Marathon Digital. This overwhelming support, exceeding Auradine's initial target of $70 million, underscores the immense potential investors see in the company.

"Auradine's meteoric rise," commented Navin Chaddha of Mayfield Fund, "is a testament to their groundbreaking solutions and the team's remarkable execution." He further emphasized their excitement to support Auradine's journey in pioneering "impactful and sustainable solutions" for blockchain and AI infrastructure.

This funding round comes hot on the heels of their successful $81 million Series A in 2022. But Auradine's success isn't limited to financial backing. They boast a staggering **$80 million in bookings and an order backlog exceeding a whopping $200 million.

Their secret weapon? The Teraflux family of Bitcoin ASIC Miners. Renowned for their speed and efficiency, these miners redefine the game with competitive performance and minimal energy consumption.

"We're incredibly proud of the advancements our team has made," said Auradine's co-founder and CEO, Rajiv Khemani. "Our innovative, energy-efficient, and secure products have earned the trust of our customers, as evidenced by the robust order pipeline."

With this fresh influx of capital, Auradine plans to significantly ramp up production capacity and accelerate investments in their product roadmap. This signals a future brimming with even more powerful and sustainable mining solutions from Auradine, poised to revolutionize not just Bitcoin mining, but the entire blockchain and AI ecosystem.