bitcoin

Cryptominer MARA taps U.S. shale patch power generation in new pilot program

October 8, 2024

(BOE Report) – MARA Holdings Inc., the world’s largest publicly traded bitcoin miner, has begun producing power in the U.S. shale patch as part of a pilot program to fuel 25 megawatts of its mining operations with excess natural gas, the company told Reuters on Tuesday. The move comes as intensifying competition for electricity between Big Tech’s AI data

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

August 28, 2024

U.S News 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

Cryptominer MARA taps U.S. shale patch power generation in new pilot program

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

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