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Anthropic Advocates for U.S. AI Infrastructure Development
Energy

Anthropic Advocates for U.S. AI Infrastructure Development

Anthropic's report emphasizes the need for enhanced U.S. energy infrastructure to maintain global AI leadership, recommending policy reforms to support AI model training and deployment.

Strategic Energy Investments Pave Way for America's AI Future
Energy

Strategic Energy Investments Pave Way for America's AI Future

Anthropic announces $2 million investment at Pennsylvania Energy and Innovation Summit to advance AI-powered energy solutions and cybersecurity education.

AI Factories Offer Solutions to Alleviate Grid Stress
Energy

AI Factories Offer Solutions to Alleviate Grid Stress

Emerald AI's innovative software aims to optimize power usage in AI factories, helping to ease grid stress while maintaining data center performance.

EPRI and NVIDIA Launch AI Consortium to Revolutionize Energy Sector
Energy

EPRI and NVIDIA Launch AI Consortium to Revolutionize Energy Sector

EPRI, NVIDIA, and partners form the Open Power AI Consortium to develop open AI models aimed at transforming the energy sector's infrastructure and operations.

Bitfarms to Develop 120 MW Bitcoin Mining Facility in Pennsylvania, Projects Over 35 EH/s by 2025
Energy

Bitfarms to Develop 120 MW Bitcoin Mining Facility in Pennsylvania, Projects Over 35 EH/s by 2025

Bitfarms plans 120 MW facility in Pennsylvania, targeting 35 EH/s by 2025.

Sam Altman Advocates for Energy Breakthroughs in AI at Davos Forum
Energy

Sam Altman Advocates for Energy Breakthroughs in AI at Davos Forum

At the World Economic Forum in Davos, OpenAI CEO Sam Altman emphasized the need for an energy breakthrough to sustain future AI development, advocating for investment in fusion and other sustainable energy sources.

Iris Energy to Triple Mining Capacity With Thousands of New Rigs
Energy

Iris Energy to Triple Mining Capacity With Thousands of New Rigs

Iris Energy will triple its crypto mining capacity with 44,000 ASIC machines.

Hut 8 Mining Corporation Ramps Up Fight Against Power Supplier
Energy

Hut 8 Mining Corporation Ramps Up Fight Against Power Supplier

Hut 8 Mining sued Ontario over power supply to a newly built crypto mining plant.

Ethereum Energy consumption, Carbon Footprint Reduce 99.99% after Merge
Energy

Ethereum Energy consumption, Carbon Footprint Reduce 99.99% after Merge

Ethereum completed a massive software upgrade that is said to have slashed its carbon footprint and energy usage.

Bitcoin Mining Transforming Global Energy Crisis, Says Arcane Research
Energy

Bitcoin Mining Transforming Global Energy Crisis, Says Arcane Research

Arcane Research suggests crypto mining would help to resolve the energy crisis triggered by fossil fuels.

Energy Crisis Is Forcing Cryptocurrency Mining Companies Out of Kazakhstan
Energy

Energy Crisis Is Forcing Cryptocurrency Mining Companies Out of Kazakhstan

Kazakhstan recently welcomed the Bitcoin miners from China. But now lack of adequate electricity supply is causing some mining farms to relocate elsewhere.

Bitcoin Accelerates the Development of Renewable Energy for Bitcoin Mining
Energy

Bitcoin Accelerates the Development of Renewable Energy for Bitcoin Mining

The use of volcano power to mine Bitcoin (BTC) in El Salvador was propelling the leading cryptocurrency’s quest to accelerate renewable energy development.

Elon Musk: Lightning Network Needed to Fix Scalability Problem in Bitcoin Network
Energy

Elon Musk: Lightning Network Needed to Fix Scalability Problem in Bitcoin Network

Elon Musk urges that layer-2 payments Lightning Network is essential to offer the required bandwidth for Bitcoin transactions to solve its scalability problem.

Traditional Banking System Consumes Twice Energy Than Bitcoin Mining, New Research Reveals
Energy

Traditional Banking System Consumes Twice Energy Than Bitcoin Mining, New Research Reveals

A new study by Galaxy Digital shows that the traditional banking system uses twice the energy that Bitcoin mining consumes.

Square Says It Has No Plans of Purchasing More Bitcoin After $20 Million Loss
Energy

Square Says It Has No Plans of Purchasing More Bitcoin After $20 Million Loss

Following Tesla's announcement that it will halt Bitcoin payments, Square disclosed that it had no intentions of buying more Bitcoin.