Bitcoin Miners Cash In as AI Hits a Power BottleneckBitcoin Miners Cash In as AI Hits a Power BottleneckBitcoin Miners Cash In as AI Hits a Power Bottleneck
Bitcoin miners spent the past decade building out cheap electricity and heavy-duty power infrastructure. Now, some of the biggest artificial intelligence (AI) companies in the world are paying billions of dollars to use it. Key Takeaways: Texas grid operator ERCOT is fielding 430 gigawatts of connection requests, mostly from data centers. TeraWulf’s 20-year Anthropic lease […]
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