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#Data centers

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Who Is Alexey Gubarev? Inside the Tech Entrepreneur’s Background and Profile
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Who Is Alexey Gubarev? Inside the Tech Entrepreneur’s Background and Profile

Key Highlights: A foundational architect behind one of Europe’s fastest-growing technology ecosystems is pivoting focus toward artificial intelligence infrastructure. Industry leaders are shifting attention from front-facing software applications to the physical and computational resources required to power modern AI systems. The move underscores growing European and global scrutiny over whether current energy grids and data ...

Bitcoin Miners Pivot to AI as New $70 Billion Market Emerges
Coins•

Bitcoin Miners Pivot to AI as New $70 Billion Market Emerges

Key Highlights: Publicly traded Bitcoin mining companies secured over $70 billion in AI and high-performance computing (HPC) deals by the end of March, according to CoinShares data. A survey by Luxor across more than half of its roughly 2-gigawatt software footprint revealed that despite sufficient power and fiber, extensive data center rebuilds are required to ...

Galaxy Digital Posts $323M Q3 Profit Driven by Data Centers and Treasury Gains Amid Soft Crypto Trading
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Galaxy Digital Posts $323M Q3 Profit Driven by Data Centers and Treasury Gains Amid Soft Crypto Trading

Key Highlights: Galaxy rebounded to an adjusted EBITDA of $455 million, driven primarily by a $419 million mark-to-market gross profit swing in its Treasury & Corporate portfolio. The Data Centers unit emerged as an infrastructure powerhouse, generating $79 million in adjusted gross profit as capital allocation to the segment climbed to 48% of total equity ...

Bitcoin Miners’ Pivot to AI Sparks New Market for Trading Computing Power
Coins•

Bitcoin Miners’ Pivot to AI Sparks New Market for Trading Computing Power

Key Highlights: Nasdaq-listed NIP Group plans to increase its bitcoin mining capacity by roughly 48%, aiming for approximately 195 bitcoin per month upon full deployment. Luxor found that while many mining facilities have ample power and fiber, transitioning to AI workloads requires constructing entirely new data centers. To mitigate market volatility, Luxor is introducing hedging ...

15 Mining Companies Back Tether’s MDK as AI Agents Enter Bitcoin Data Centers
Coins•

15 Mining Companies Back Tether’s MDK as AI Agents Enter Bitcoin Data Centers

Key Highlights Fifteen major Bitcoin mining entities—including ASIC makers BITMAIN, Canaan, and MicroBT, alongside mining pools like Foundry Digital and F2Pool—have committed to building on Tether’s Mining Development Kit (MDK). Each participant will maintain an MDK Worker, acting as a modular translation layer designed to allow automated systems and AI agents to manage disparate hardware, ...

US House Passes Bill to Make Data Centers Pay More of Their Grid Costs
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US House Passes Bill to Make Data Centers Pay More of Their Grid Costs

The U.S. House of Representatives passed the Ratepayer Protection Act (H.R. 9340) on Wednesday by a vote of 417-3, marking the first congressional bill to address the economic impact of rapidly expanding data centers on the nation’s power grid. Federal Standard for Large-Load Cost Allocation The legislation establishes a federal standard requiring state utility regulators ...