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Key Takeaways Norway plans to temporarily ban new power-intensive crypto mining data centers to preserve electricity for other industries. Some miners in Norway are adopting sustainable solutions like heat recycling, despite increased restrictions. Share this article The Norwegian government said Friday that it intends to temporarily block the establishment of new data centers that engage … Read more
John Woeltz made headlines on Friday following his arrest in New York City for allegedly kidnapping and torturing a man in a bid to get access to his Bitcoin password. Prior to that, the 37-year-old Woeltz once held a very different reputation as a rising star in the crypto world. Woeltz, also known as the … Read more
Ever wonder how much electricity you’re using when you prompt, or thank, an AI model? Hugging Face engineer Julien Delavande did, so he built a tool to help arrive at the answer. AI models consume energy each time they’re run. They’re run on GPUs and specialized chips that need a lot of power to carry … Read more
The U.S. government still plans a 25% tariff on all steel and aluminum imports from Canada starting Wednesday. Read More
Trump administration ends Iraq's waiver to buy Iranian electricity
Renewable electricity is cheap and clean, but also less predictable than firing up a gas turbine. Turns out that’s both a problem and an opportunity. Most solutions to the problem of intermittency involve pairing solar panels and wind turbines with batteries, which store the power for use when the sun sets or the wind dies … Read more
Industry, data centers, and air conditioning are all expected to drive some of the fastest growth in electricity demand in years, according to International Energy Agency forecasts. The agency predicts in a forecast released Friday the world will need 4% more electricity annually through 2027. Meeting that demand will require adding more generating capacity than … Read more
Thailand’s Provincial Electricity Authority has shut down a Bitcoin mining farm for tampering with power meters to steal electricity worth hundreds of millions of baht. According to local media, the PEA, in collaboration with the Crime Suppression Division, has seized 996 Bitcoin mining rigs during a raid on the mining farm located in the Phanat … Read more
Microsoft is on pace to invest about $80 billion this year to build out AI datacenters, train AI models and deploy cloud-based applications around the world, according to Smith. Read More
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