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Latest coverage of energy, compute, and markets

Global AI won approval for a data center in Weld County, Colorado, which is reportedly set to be the largest data center facility in the state despite residents’ opposition and questions over electricity access.

Core Scientific said 1,031 megawatts of existing and planned power capacity at its Pecos and Hunt data-center sites received conditional classifications under Texas’s Batch Zero grid-review process, while 371 megawatts at Denton fall outside the allocation exercise.

Ionic Digital said Texas’ grid operator has provisionally classified a 466-megawatt expansion at its Ward County campus as Base Load, advancing plans to nearly triple the site’s electricity demand to 700 MW by the end of 2027.

Bitcoin miners are flexing their megawatts in the AI power arms race, but the latest ERCOT classifications reveal different levels of certainty behind the headl...

Keel Infrastructure has signed an agreement with Southern Co.’s PowerSecure to supply backup power for its Moses Lake data center campus in Washington, advancing the former bitcoin miner’s conversion of the site for AI high-performance computing.

HIVE Digital Technologies said average daily revenue exceeded $1 million across its bitcoin mining and GPU cloud businesses, as the company appointed former Hewlett Packard Enterprise executive Mark Volk to lead revenue growth at its BUZZ high-performance computing subsidiary.

Galaxy Digital’s proposed Caspian data center will have to compete for transmission capacity under a Texas grid review, a setback to the company’s requested treatment as it expands beyond its Helios campus.

Sphere 3D has priced a $5 million private placement and agreed to sell non-core mining assets for another $5 million as it redirects capital toward AI and high-performance computing infrastructure in Tennessee and Kentucky.

Soluna Holdings completed its 83-megawatt Kati 1 bitcoin-hosting facility in Texas and received conditional grid classification for the broader campus, including a planned artificial intelligence expansion.
Hashrate, miner economics, and the industrial side of bitcoin
GPU clusters, hyperscale data centers, and AI infrastructure
Power generation, transmission, and the future of the grid
Market analysis, capital flows, and regulatory context