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Crypto News

Pakistan Taps Surplus Power Capacity to Fuel Bitcoin Mining, AI Data Centers

Pakistan has committed 2,000 megawatts of electricity to bitcoin mining and artificial intelligence data centers, the country’s finance ministry said.The committed energy is being...
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Crypto News

The Bull Case for Galaxy Digital (GLXY) is AI Data Centers Not BTC Mining: Research Firm

When Galaxy Digital (GLXY) CEO Mike Novogratz bought Argos' Helios data center in late 2022, at the depths of the post-FTX crypto winter, the...
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Crypto News

Bitcoin Miner IREN Reallocating Capital to AI Data Centers

Australia-based bitcoin miner IREN is redirecting its growth plans away from BTC mining and towards its AI data centers and AI cloud services businesses.“As...
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Crypto News

The Subtle Way AI Data Centers Boost Bitcoin Mining Economics

“I don't think the competition for power from AI facilities will significantly impact hashprice,” Mellerud said. “The Bitcoin mining network is a self-correcting mechanism,...
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