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Power

Hut 8's Texas power site sits inside Anthropic’s $35 billion AI deal

Hut 8's Texas power site sits inside Anthropic’s $35 billion AI deal

1 month ago by Crypto InsightsCrypto

The company’s Texas campus has two long-term leases worth $19.6 billion, more than 260 times its latest quarterly revenue, as AI companies race to secure power and data-center capacity.

Why the world’s second-largest Bitcoin mining power is shutting down rigs in its capital city

Why the world’s second-largest Bitcoin mining power is shutting down rigs in its capital city

2 months ago by Crypto InsightsCrypto

Crypto mining was banned in Moscow, the surrounding Moscow Region and parts of Kursk, with the restrictions set to run through Dec. 31, 2032. The measure, established under government decree No. 936, also prohibits participation in crypto mining pools. The decree was signed on July… Read More

Riot’s stock rises after AMD boosts data center capacity to a potential 150 megawatts power

Riot’s stock rises after AMD boosts data center capacity to a potential 150 megawatts power

5 months ago by Crypto InsightsCrypto

Riot Platforms (RIOT) shares jumped about 8% on Friday after Advanced Micro Devices (AMD) expanded its capacity at the company’s Rockdale, Texas campus, highlighting Riot’s continued pivot from bitcoin mining into AI and high-performance computing. According to the Q1 financial results, AMD exercised an option… Read More

Your power tools are secretly portable battery banks for your phone

Your power tools are secretly portable battery banks for your phone

7 months ago by Crypto InsightsComputer Tips

You don’t need to be a seasoned woodworker to have battery-powered tools anymore. Whether it’s a simple cordless drill or a powerful leaf blower, there’s a good chance you have a lime green, yellow, red, or blue battery lying around. So why not power your… Read More

Kevin O'Leary says power is now more valuable than bitcoin

Kevin O'Leary says power is now more valuable than bitcoin

9 months ago by Crypto InsightsCrypto

“Shark Tank” investor Kevin O’Leary is pivoting his crypto strategy from tokens to energy infrastructure, declaring that power generation is now the real prize.

Wall Street integration will power crypto’s next phase, says Fidelity

Wall Street integration will power crypto’s next phase, says Fidelity

9 months ago by Crypto InsightsCrypto

Infrastructure, institutions and advisors are laying the groundwork for a structural shift in global finance.

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