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Latest coverage of energy, compute, and markets
Galaxy Digital has appointed former Xerox Chief Executive Officer Steven Bandrowczak to its board of directors, adding an enterprise-technology veteran as the company expands beyond digital assets into large-scale data center infrastructure.
CleanSpark signed a 20-year data center lease expected to generate $6.6 billion in revenue, while placing its 885 MW Texas portfolio under exclusivity. ...
Nscale’s planned £2 billion ($2.7 billion) AI data center in Essex is facing a delay after it was told that its grid connection would not be available in time for the facility’s targeted 2027 opening, The Telegraph reported Monday.
Meta is expanding its Louisiana AI data center to 5 GW in a more than $50 billion buildout, supported by major power and infrastructure investments. ...
A 1 TH/s Bitaxe solo miner beat an expected 18,000-year wait to solve a bitcoin block and claim the full 3.125 BTC reward. ...
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.
Bitcoin miners’ AI infrastructure rally has opened a liquidity window for executives and major holders, putting insider sales, shareholder trims and governance ...