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Latest articles from EnergyMag covering energy, digital mining, and AI infrastructure.
Of the 125 BTC produced in June, 70 BTC were generated through self-mining operations and 55 BTC through cloud mining services. Daily production averaged 4.2 BTC, down from 5.7 BTC in May. The company's total power capacity under management also decreased to 273 MW from 346 MW in the previous month.
Sphere 3D said Friday it has hired three specialized advisory firms to bolster investor relations and government affairs as the company advances plans to repurpose its Tennessee power infrastructure for artificial intelligence and high-performance computing workloads.
Bitdeer broke ground on a $36 million advanced electronics manufacturing facility in Sparks, Nevada, marking the company’s first domestic manufacturing and assembly footprint in the U.S., despite bitcoin mining economics remaining near record-low levels.
Cipher Digital Chief Executive Officer Tyler Page filed a notice to sell 112,500 shares of the company’s common stock, marking the latest proposed transaction under a prearranged trading plan the company disclosed earlier this year.
Galaxy Digital Inc. (Nasdaq: GLXY) announced today that it has completed the initial power delivery phase at its Helios data center campus in West Texas. The company has successfully provided approximately 200 megawatts (MW) of gross power, which translates to 133 MW of critical IT load, to cloud provider CoreWeave. This delivery fulfills the first segment of a 15-year lease agreement between the two firms.
Keel Infrastructure Corp. has appointed former Digital Realty Trust executive Ganesh Aiyer as president, as the North American digital infrastructure company looks to expand its commercial pipeline amid accelerating demand for AI and high-performance computing capacity.
TeraWulf Inc. shares surged in pre-market trading Monday after the company unveiled two major artificial intelligence infrastructure transactions that together reshape its long-term revenue profile and capital strategy.
IREN has appointed Kambiz Aghili as chief product officer and Michael Nudelman as chief development officer, adding two senior executives with cloud and data center development experience as the company expands its AI cloud business.
Bloom Energy and Brookfield expanded a financing partnership for AI infrastructure power projects to $25 billion, a fivefold increase from a $5 billion framework announced in October, as data center developers continue to search for faster ways to secure electricity capacity.
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