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Bitcoin Is Back, But Crypto Data Centers Still Face A Bumpy Road
News

Bitcoin Is Back, But Crypto Data Centers Still Face A Bumpy Road

... Georgia, Tennessee, Kentucky and Texas. Not only were new bitcoin mining development projects being announced at a record pace, ... crypto-oriented financial services firm that operates a 180-megawatt bitcoin mining facility in Dickens County, Texas. “I think ...

May 05, 2024
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Donald Trump Jr Eric Trump
News

Bitcoin Data Center Firm Backed By Trump's Sons May Go Public Following Acquisition

... many firms to pursue similar strategies.   Recent bullishness around bitcoin, sparked in part by the Trump administration’s ...  issued an executive order creating a strategic reserve of bitcoin and other cryptocurrencies. Under his administration, the SEC ...

Apr 02, 2025
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Bitcoin Miner Selling Georgia Facility And Moving To Pennsylvania, Citing Energy Costs
News

Bitcoin Miner Selling Georgia Facility And Moving To Pennsylvania, Citing Energy Costs

... have continued to adapt our business model to reflect lower Bitcoin prices and higher energy costs in the USA. Our ... most recent data from the U.S. Energy Information Administration. Bitcoin, like other cryptocurrencies, has seen a collapse in value this ...

Sep 21, 2022
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Bitcoin Miner Drills Into New Norcross Digs
News

Bitcoin Miner Drills Into New Norcross Digs

... . Electricity is critical for cryptocurrency miners. Cryptocurrencies like Bitcoin or Ethereum are a random fixed-length block of code ... total energy capacity to accelerate the growth of its Bitcoin mining operations in Atlanta this fall. The expansion will ...

Aug 23, 2021
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Bitcoin Mining, Data Centers Could Nearly Double Texas Power Demand By 2030
News

Bitcoin Mining, Data Centers Could Nearly Double Texas Power Demand By 2030

ERCOT predicts power demand will increase to 150 gigawatts by 2030, up from 85 GW now, KVUE reported. Sixty percent of the projected demand — 40 GW more than previously predicted — is from crypto mining and data centers, including some run by artificial ...

Jun 13, 2024
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Bitcoin Used To Buy NYC Condos For The First Time
News

Bitcoin Used To Buy NYC Condos For The First Time

... development are under contract to sell for bitcoin. It is the first bitcoin real estate transaction in the city's ... In commercial real estate, sellers are increasingly willing to accept bitcoin when trading property, and landlords are now more likely to ...

Mar 22, 2018
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bitcoin
News

New Mining Towns: How Bitcoin Is Luring People To East Washington

... places with cheap power might attract the attention of eager bitcoin miners. Wenatchee, Washington, is about 150 miles from ... machine shops or car washes, also were scouted by bitcoin miners. As more cryptocurrency miners and more sophisticated operations ...

Apr 19, 2018
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Texas Leaders Sour On Bitcoin Mining, But It Could Solve The State’s Data Center Power Pinch
News

Texas Leaders Sour On Bitcoin Mining, But It Could Solve The State’s Data Center Power Pinch

... essentially specialty data centers devoted exclusively to processing bitcoin transactions. This steady influx of crypto mining into ... and its underlying utilities have little transparency into bitcoin miners’ operations, making real-time predictions about ...

Oct 13, 2024
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AI Is Pushing Big Tech And Bitcoin Data Centers Closer Together
News

AI Is Pushing Big Tech And Bitcoin Data Centers Closer Together

... the world’s largest tech companies is driving struggling Bitcoin miners to pivot toward traditional data center tenants, shifting ... similar, but there are also key differences. Many bitcoin mining facilities will need significant upgrades and design changes ...

Jun 02, 2024
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111 W 24th St.
News

Got $28M In Bitcoin? This NYC Office Building Could Be Yours

... under the Trump administration. Following the election, the price of bitcoin shot above $100K for the first time. President Donald ... ,” Okada said. “We're just embracing digital currency.” Accepting bitcoin isn't the only unusual way that the brokers listing ...

Feb 13, 2025
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