Latest News and Articles about Energy Crisis
OpenAI’s AI Power Surge: Energy Crisis Rivals Bitcoin Mining Debacle
OpenAI’s AI Ambitions: A Power Play That Could Rival Bitcoin Mining’s Energy Wars OpenAI, the mastermind behind ChatGPT, has unleashed a series of blockbuster partnerships that could cement its dominance in artificial intelligence. With deals worth hundreds of billions, CEO Sam Altman is steering the company toward a future as a cloud computing juggernaut. Yet, […]
Read MoreRussia’s Crypto Mining Crackdown: 70% of Miners Dodge New Laws and Energy Bans
Russia’s Crypto Mining Crackdown: Most Miners Still in the Shadows Despite New Laws Russia’s cryptocurrency mining landscape remains a chaotic frontier, with a measly 30% of miners registering as legal operators under new legislation rolled out in November 2024. While the government pushes to tame this underground economy with hefty fines and energy crackdowns, the […]
Read MorePakistan’s 2,000 MW Bitcoin Mining Plan Sparks IMF Clash and Energy Crisis Fears
Pakistan’s Bitcoin Mining Gamble: 2,000 MW Plan Faces IMF Backlash Pakistan has thrown its hat into the crypto ring with a daring proposal to allocate 2,000 megawatts (MW) of electricity to Bitcoin mining and AI data centers, a move unveiled at the BTC Vegas 2025 conference on May 29. Touted as a pathway to becoming […]
Read MoreChechnya to Treat Crypto Miners as Terrorists Starting 2025 Amid Energy Crisis
Lawmaker Warns Crypto Miners in Chechnya Will Be Treated Like Terrorists in 2025 Starting January 1, 2025, crypto miners in Chechnya will face a harsh reality: they will be treated as terrorists under new legislation due to significant electricity shortages. This severe measure reflects Russia’s broader effort to control the impact of crypto mining on […]
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