Tag: Bitcoin Mining
Texas Power Grid Requires Larger Increase to Handle AI and Bitcoin Mining Demands
Texas is facing a growing demand for energy due to the increasing needs of bitcoin mining and artificial intelligence data centers. The CEO of the Electric Reliability Council of Texas (ERCOT) stated that the...
Bitcoin Mining Stabilizes Power Grids Strained by AI Data CentersBitcoin Mining Balances Power Grids...
Microsoft is constructing large AI data centers in Arizona and Wisconsin to support this innovative technology. However, these data centers are heavy energy consumers and strain power grids, with AI projected to consume 40...
Hut 8 Joins Foundry’s Institutional Bitcoin Mining Pool With Over 14,000 Machines
Hut 8 plans to add another 5,000 ASICs into Foundry's pool by August.Publicly traded bitcoin (BTC, -8.4%) mining firm Hut 8 is currently mining via Foundry's North America-based pool, based on an announcement made...
