Loading News...
Loading News...
Latest coverage of energy, compute, and markets
Bitcoin mining’s annual electricity consumption increased by an estimated 38% in the 18 months through December 2025, outpacing the rise in associated greenhouse-gas emissions as miners drew a larger share of their power from low-carbon sources, according to preliminary Cambridge research.
The planned expansion will take place at NAVER's GAK Sejong data center in Sejong, South Korea, where the NVIDIA DSX platform will be deployed to provide a full-stack AI factory infrastructure. The initial buildout of 55 megawatts, announced previously, will be increased to 200 megawatts by 2028, with NAVER targeting a future scale of 1 gigawatt. This development aims to support AI innovators in Korea and the U.S. by offering large-scale AI compute resources for next-generation AI models and services.
At the inaugural Energy Investors Forum, generators, utilities, miners, data center developers, investors and policymakers confronted the physical constraints b...
Galaxy Digital’s $3.507 billion Helios bond sale carries a 9.875% coupon, implying about $346 million in annual cash interest to finance its Texas AI data cente...
Poolin entered Chapter 11 with about $173 million in obligations and a $52 million stalking-horse bid for its West Texas bitcoin mining assets. ...
Bitcoin mining and AI-infrastructure stocks rose despite a Nasdaq selloff, supported by new multibillion-dollar data-center contracts. ...
Galaxy Digital Inc. said on Wednesday that an indirect wholly owned subsidiary plans to offer $3.507 billion of senior secured notes due 2031 in a private placement to help fund the next phase of its Helios AI data center campus in Dickens County, Texas.
AMD and Anthropic said Anthropic will deploy up to 2 gigawatts of AMD MI450 AI GPUs starting in the first half of 2027, and AMD committed up to $5 billion to th...
Bitdeer Technologies Group mined 990 bitcoin in June, up 7.5% from the previous month, as the company continued deploying its proprietary mining machines while expanding its artificial-intelligence cloud business.