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Express News | Core Scientific And Port Muskogee Break Ground On 100 MW HPC Data Center To Host CoreWeave's NVIDIA GPUs; Part Of $8.7B, 12-Year Contract Covering 500 MW Of HPC Hosting, With Operations Set For 2026
The IMF warns that these two major industries are comparable to "electricity-hungry giants": their power consumption approaches that of a major economy.
①IMF Deputy Managing Director Gita Gopinath is concerned that the energy consumption and carbon footprint of cryptocurrency mining and datacenters are rapidly increasing; ②She expects that by 2027, the share of these two industries in global electrical utilities may rise from 2% in 2022 to around 3.5%; ③This level is comparable to the current electricity consumption of Japan, the world's fifth largest electricity-consuming country.
Gita Gopinath Of IMF Alarmed By Crypto And AI Energy Use, Says Share Expected To Match Japan's Current Power Consumption In Just 3 Years
Trump Crypto Craze Sent Bitcoin Miners Surging, but Watch Out -- Heard on the Street -- WSJ
Trump's Promise Vs. Gensler's Defense: Is the SEC Awaiting Change?
MicroStrategy Remains Most Squeezable Crypto Stock at the End of October
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