Miners ditch Bitcoin for AI as energy costs surge
Bitcoin miners are bailing on the crypto grind, switching gears to artificial intelligence (AI) as rising energy costs make it ...
Tag: Energy
Bitcoin Mining Could Help Japan Monetize $2.5 Billion in Wasted Green Energy — Report
Agile Energy X, a subsidiary of Tokyo Electric Power Grid (TEPCO), is exploring the use of surplus green energy for ...
Tokyo Electric Power Company’s Subsidiary Mines Bitcoin With Surplus Energy
According to a report from Asahi Shimbun, one of Japan’s oldest national newspapers, a subsidiary of Tokyo Electric Power Co. ...
Russia to Prioritize Supplying Energy for Social Development Over Bitcoin Mining
Russia will prioritize using its energy for social development instead of Bitcoin mining, according to the Ministry of Energy. Energy ...
Bitcoin Miner Iris Energy Increases Mining Output by 10%
Iris Energy has reported a 10% increase in bitcoin production during August 2024, with the company mining 245 bitcoin. The ...
Iris Energy Acquires 39,000 Bitmain S21 XP Antminers, Eyes 30 EH/s in 2024
Bitcoin miner and high-performance computing (HPC) firm Iris Energy Limited has secured 10 exahash per second (EH/s) of Bitmain’s S21 ...
Analyst remains bullish on Cipher after 2.5 GW energy expansion in Texas
Analysts at H.C. Wainwright & Co. believe Cipher’s recent acquisition in Texas will enhance its strategic operations. Cipher recently announced ...
electric energy at about $0.01 per kWh in Louisiana
Gryphon Digital Mining, a Bitcoin Mining company, announced that it has entered into an agreement in Louisiana to acquire electricity ...
Bitcoin Miner Iris Energy Expands Power Capacity at Texas Data Center
Iris Energy Limited has announced an increase in its power capacity at the Childress site in Texas from 600 megawatts ...
Crypto mining ‘strengthens America’s energy grids’ – A 30% tax means…
Per Senator Lummis, a 30% tax on Bitcoin mining could push the industry outside the country. She cited the Laffer ...
POPULAR NEWS
