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AI's race for US energy butts up against bitcoin mining

By Laila Kearney and Mrinalika Roy

Aug 29 2024 6:41AM

Tech companies scavenge for electricity.

AI's race for US energy butts up against bitcoin mining

US technology companies are pursuing energy assets held by bitcoin miners as they race to secure a shrinking supply of electricity for their rapidly expanding artificial intelligence and cloud computing data centres. Those data centres are driving the fastest US power demand growth since the ...

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