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Latest coverage of energy, compute, and markets
Bitcoin mining entrepreneur Chun Wang, who commanded SpaceX’s Fram2 polar-orbit mission, is set to fly on Starship’s planned commercial missions around the Moon...
New West Data plans to acquire Alberta oil and gas assets that would triple production and lift off-grid power capacity to 35 MW for Bitcoin mining and AI compu...
Situational Awareness’ Q1 filing shows the rising AI fund loading up on bitcoin miners with cheap monetized megawatts and still-unpriced HPC upside. ...
Applied Digital announced on Wednesday that it has entered into a 15-year take-or-pay lease agreement with a U.S.-based high investment-grade hyperscaler for its Polaris Forge 3 campus, located in a northern state. The lease covers 300 megawatts of critical IT load and is valued at approximately $7.5 billion in base-term revenue, with potential total value reaching $18.2 billion if all renewal options are exercised.
Under the terms of the agreement, NextEra Energy Chairman and CEO John Ketchum will lead the combined company as chairman, president, and CEO. Dominion Energy Chair, President, and CEO Bob Blue will transition to the role of president and CEO of Regulated Utilities. In this capacity, Blue will oversee Florida Power & Light (FPL) alongside Dominion's existing utility operations in Virginia, North Carolina, and South Carolina.
Soluna Holdings has acquired full ownership of another portion of its flagship Texas campus, continuing a broader effort to transform a bitcoin mining complex into an AI and high-performance computing site backed by owned renewable energy.
Canaan’s first-quarter revenue fell by 24% year-over-year as weaker bitcoin prices and compressed mining economics weighed on equipment demand.
The development features a new water well and roughly eight miles of piping, with a target completion date in the second half of 2026. Once finished, the infrastructure will be deeded to West Feliciana Parish, providing the community with expanded utility capacity without requiring public tax dollars. The upgrades are expected to serve more than 4,000 homes and 200 local businesses.
Canaan Inc. has been selected to support an 8-megawatt district heating project in the Nordic region, marking its latest effort to position Bitcoin mining hardware as heat infrastructure rather than only compute equipment.