Microsoft's new closed loop water recycling data center design aims to conserve 125 million liters of water annually per facility.
Texas Pacific Land shares surged by over 230% in 2024, driven by AI advancements and tech expansion.
The U.S. launches its first commercial small modular reactor (SMR), a safer nuclear power solution with a smaller footprint and 300 MW capacity, promising revolution in industries like cryptocurrency mining through cleaner energy.
Combining data centers with dedicated power sources enhances industrial asset value by improving infrastructure efficiency and reducing energy costs. Mining companies benefit significantly, with investments in such facilities expected to rise by $5 billion within three years, leading to operational cost reductions of 15-20%.
Terawulf sold its 25% stake in a Bitcoin mining operation for $92 million, planning to invest in AI and HPC data centers.
Despite converting $38 million in debt, Hut 8 still retains approximately $290 million in debt as of June 30, 2023.
Marathon Digital CEO Fred Thiel predicts a revolution in energy markets driven by AI and data center growth. Revival of old nuclear power plants, like Three Mile Island, to power AI data centers is a key example.
NiceHash launches Docker Miner, a tool to monetize idle GPUs in data centers, supporting over 20 cryptocurrencies and 7 algorithms.
Morgan Stanley's report reveals that tech firms could save billions by partnering with crypto miners for energy infrastructure, thus cutting down wait times for new data centers.
NiceHash is developing a Docker Miner for HPC data centers to monetize idle resources through Bitcoin mining.
IREN's Bitcoin mining revenue more than doubled from $75.5M to $184.1M in FY24, driven by strategic infrastructure expansion and energy optimization.
Huawei aims to drive AI adoption in Africa by expanding data centers and offering cloud services. The company wants to use its experience to help African businesses manage data effectively.
SingularityNET invests $53 million in building an AI supercomputer and new data centers to support AGI research.
Around a third of Bitcoin miners’ future enterprise value could come from the AI vertical, a new report predicted.
Marathon Digital plans to establish green data centers in Kenya to utilize renewable energy, aiming to support the country's green energy infrastructure development.
Nvidia is ramping up its AI chip production after reporting substantial revenue growth from its AI data centers.
Artificial intelligence's rising energy demand boosts utility stocks as data centers require more power. This growth in utilities, typically defensive, could affect Bitcoin (BTC) due to their increased energy consumption.
Norwegian government's proposed legislation mandates data centers, including Bitcoin miners, to register and disclose information about their services and ownership.
Norwegian Minister for Energy, Terje Aasland, expressed that energy-intensive crypto mining businesses are not desirable in Norway, hinting at potential regulatory actions targeting data centers involved in such activities.
