Cambridge (CBECI) data shows miners paying $0.10 per kWh or more are likely operating at a loss on each Bitcoin mined. The squeeze heightens the risk of shutdowns, added selling pressure and hash-rate volatility.
Investor Kevin O’Leary told media on Jan. 23, 2026 that he’s shifting focus from crypto tokens to energy infrastructure, arguing power generation presents the clearer opportunity now.
Georgia is seeing a rapid surge in cryptocurrency mining after the government legalized mining and the country’s low electricity costs attracted domestic and foreign operators. The buildout is driving new data-center builds but poses questions about grid capacity and regulation.
OpenAI and SoftBank each committed $500 million to SB Energy to build a 1.2 GW Stargate data center in Texas, advancing the $5 trillion Stargate AI infrastructure initiative. The funding underscores growing private capital flows into large-scale AI compute projects and could boost interest in STG-linked assets.
BlackRock’s 2026 Global Outlook warns that AI is not just software but a new form of energy demand, with electricity emerging as a critical bottleneck. The firm says this could trigger an energy competition with Bitcoin miners and prompt market repricing.
ESG researcher Daniel Batten published a thread on X debunking nine common theories about Bitcoin’s energy consumption and blockchain fundamentals. His critique seeks to clarify misunderstandings that shape investor and policy debates.
US officials are considering support for Bitcoin mining at Europe’s largest nuclear power plant in Ukraine as reconstruction advances. Proponents see a revenue stream from baseload power, while critics raise security and regulatory concerns.
Gold advocate Peter Schiff called Bitcoin a 'waste of energy' in a Dec. 28 social post, rejecting the idea that BTC acts as a non-inflationary ledger for storing economic energy.
Yakutia is considering deploying cryptocurrency mining rigs at gas wells operated jointly with diamond producer Alrosa to monetize stranded or flared gas and boost regional revenue. The plan is still under review by regional authorities.
Elon Musk posted that energy — not cash — is the real form of currency, triggering speculation that he was indirectly endorsing Bitcoin. The remark sparked positive reaction across crypto circles and renewed discussion about BTC's link to energy.