A look at the rift in the Democratic party over AI and data centers, as pro-business Democrats oppose the fiery, anti-AI politics of the progressive wing
www.politico.com/news/magazin... Brendan Nyhan / @brendannyhan : See also: social media. In both cases, lots of people promising quick fixes with no tradeoffs. [embedded post] Max Berger / @maxberge...
Bitcoin miners that are retooling data centers for AI have boosted their stocks; the CoinShares Bitcoin Mining ETF is up ~90% YTD even as bitcoin has slumped
Vicky Ge Huang / Wall Street Journal :
Bitcoin miners that are retooling data centers for AI have boosted their stocks; the CoinShares Bitcoin Mining ETF is up ~90% YTD even as bitcoin has slumped
The pivot to AI has lifted a bitcoin-mining ETF by around 90% this year, even as bitcoin itself has slumped. — It's harder than ever to mine bitcoin.
Filings: Tether-owned Northern Data sold its bitcoin mining unit, Peak Mining, for up to $200M to a group including companies controlled by Tether executives
Stablecoin giant's Devasini is director of groups that bought Peak Mining from Northern Data — Companies run by Tether's …
Study: AI's 2025 power demand could hit 23GW, above 2024 Bitcoin mining levels, and AI carbon emissions could hit 32.6M to 79.7M tons, compared to NYC's 50M
A new study estimates the environmental impact of AI in 2025 and calls for more transparency from companies on their pollution and water consumption.
Malaysian authorities are using drones, power sensors, and tips to hunt Bitcoin miners for power theft, which cost a state energy company ~$1.1B over five years
Cracking down on illegal Bitcoin mining gangs has become a cat-and-mouse game in Malaysia. — In Malaysia's illegal crypto mining hotspots, the hunt begins in the sky.
Sources and docs: Palantir's Immigration OS helps ICE track undocumented immigrants and deport them; a decade ago, Alex Karp said Trump's plans made “no sense”
“The truly progressive position on immigration” is “extreme skepticism,” says Alex Karp, a longtime Democrat and the data-mining company's chief executive.
Hashrate Index: China's bitcoin mining market share rebounded to 14% by the end of October, making it the world's third-largest miner despite China's 2021 ban
Sources: the US has probed whether the products of China's Bitmain, which sells most of the world's Bitcoin-mining machines, pose risks of espionage or sabotage
Investigators have sought to assess whether Bitmain Technologies' products pose risks of espionage or sabotage, according to people familiar with the matter.
China says the December 2020 theft of 127,272 bitcoin, now worth ~$13B, from Chinese mining pool LuBian is likely a “state-level hacker operation” led by the US
Bloomberg :