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Texas Crypto Mining Firm Giga Energy Expands Operations to Argentina


Texas-based cryptocurrency mining firm Giga Energy has expanded its operations to Argentina following its expansion across the U.S. and into Shanghai, tapping into the gas flaring trend. The post Texas Crypto Mining Firm Giga Energy Expands Operations to Argentina appeared first on Cryptonews

Infrastructure Providers Warn of ASIC Scarcity for Bitcoin Miners


Bitcoin (BTC) miners have begun to express a number of concerns ahead of the next halving event, which is set to occur in April. During the halving, the Bitcoin mining reward will be cut from 6.25 BTC to 3.125 BTC. Additionally, the Bitcoin network’s hash rate recently reached an all-time high...

Bitcoin Miner Iris Energy Inks AI Cloud Services Deal With Poolside AI


The bitcoin mining corporation Iris Energy, listed on the Nasdaq, has declared its entry into a cloud services partnership with the artificial intelligence (AI) startup Poolside AI. The collaboration with Poolside comes after Iris acquired 248 Nvidia H100 graphics processing units (GPUs) for...

Beijing Censors Crypto Mining Activities to Strengthen Energy Conservation


Beijing, China has further doubled down on crypto mining activities as a part of its revamped energy conservation implementation plan. Per a recent government notice, the Beijing Municipal Development and Reform Commission along with 11 other departments have implemented revised plan to further...

EU Moves to Ban Bitcoin to Meet Energy Goals – Report


Source: Pixabay A recent report has indicated that Proof-of-Work (PoW) consensus networks, like Bitcoin, may be banned in the European Union (EU). Daniel Batten, a managing partner at CH4 Capital, shared on his X (formerly Twitter) handle that the European Central Bank (ECB) and European Securities...

Crypto, AI and Data Centers Could Double Energy Consumption in 2026


The aggregated demand for energy from crypto, artificial intelligence (AI), and traditional data centers could double in 2026. According to a report by the International Energy Agency (IEA), the consumption growth might mean adding a country like Sweden (in the best case) or Germany (in the worst...

Russia Mulls Cryptocurrency Mining Disconnection Proposal


Cryptocurrency miners might be disconnected for up to 500 hours per year in Russia, according to a proposal supported by the State Duma Energy Committee to tackle the energy deficit in some regions. The initiative would be an alternative to introducing special tariffs directed to miners that would...

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