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.
A new Tajik law makes unauthorized use of electricity for cryptocurrency mining a criminal offense, imposing fines up to 75,000 TJS and possible prison sentences.
ADNOC now accepts AE Coin stablecoin payments at 980 fuel stations across the UAE, Saudi Arabia and Egypt, enabling crypto payments for fuel and in-store purchases. The deployment is among the largest stablecoin rollouts in the energy sector.
Bitcoin mining hashprice is near all-time lows, pushing miners to adopt renewable energy to cut power costs and protect margins. The shift could alter mining geography and accelerate consolidation among smaller operators.