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 AI and cloud computing data centers. Miners are making huge profits leasing or selling their power-connected infrastructure and sites to tech, while others are losing access to the electricity needed to stay in business.
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 AI and cloud computing data centers. Miners are making huge profits leasing or selling their power-connected infrastructure and sites to tech, while others are losing access to the electricity needed to stay in business.