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Of the 125 BTC produced in June, 70 BTC were generated through self-mining operations and 55 BTC through cloud mining services. Daily production averaged 4.2 BTC, down from 5.7 BTC in May. The company's total power capacity under management also decreased to 273 MW from 346 MW in the previous month.
Galaxy Digital Inc. (Nasdaq: GLXY) announced today that it has completed the initial power delivery phase at its Helios data center campus in West Texas. The company has successfully provided approximately 200 megawatts (MW) of gross power, which translates to 133 MW of critical IT load, to cloud provider CoreWeave. This delivery fulfills the first segment of a 15-year lease agreement between the two firms.
Flexible AI load could challenge bitcoin miners’ grid pitch, as early GPU cluster trials show AI data centers may be able to curtail power use, shift workloads ...
DOE’s emergency order lets PJM tap backup generators and batteries at AI data centers and other large power users as a heat wave threatens record grid demand. ...
Cerebras Systems Inc. (NASDAQ: CBRS) reported its financial results for the first quarter of fiscal year 2026 today, balancing significant top-line expansion against ongoing infrastructure buildouts. The hardware and cloud services developer posted GAAP quarterly revenue of $193.4 million, representing a 94% increase compared to the $99.5 million generated in the first quarter of 2025.
Microsoft plans a 2GW AI data center campus in Pecos, Texas, with onsite natural gas power, as hyperscalers race to secure electricity for cloud and AI demand. ...
Texas regulators approved ERCOT’s Batch Zero process to manage large power requests from AI data centers and other users, as the grid operator tracks 438 GW of ...
The Federal Energy Regulatory Commission ordered the U.S. regional grid operators to justify or rewrite rules for connecting data centers and other large electr...
HIVE Digital Technologies has received municipal approval to acquire the Big Boden data center in Sweden, a 32-megawatt facility the company has operated as a tenant for the past eight years.