AI's race for US energy butts up against bitcoin mining

Bitcoin

U.S. technology companies are pursuing energy assets held by bitcoin miners as they race to secure a shrinking supply of electricity for their rapidly expanding artificial intelligence and cloud computing data centers. Those data centers are driving the fastest U.S. power demand growth since the start of the millennium, outpacing grid expansions and leaving giant technology companies, like Amazon and Microsoft, to scavenge for vast amounts of electricity. The electricity scramble is jolting the

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AI's race for US energy butts up against bitcoin mining https://www.channelnewsasia.com - 28.08.2024 14:24
AI's race for US energy butts up against bitcoin mining https://www.channelnewsasia.com/ - 28.08.2024 06:03

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AI's race for US energy butts up against bitcoin mining https://www.channelnewsasia.com - 28.08.2024 14:24
AI's race for US energy butts up against bitcoin mining https://www.channelnewsasia.com/ - 28.08.2024 06:03