The crypto market fell Tuesday, losing early week momentum and eroding gains. Bitcoin BTC$90,314.25 currently trades at $90,150, down from Monday’s high of $92,350. The CoinDesk 20 Index (CD20) has lost 2.1% in 24 hours with all members declining. The price action mirrors last week’s performance when bitcoin rallied from $86,300 to $93,200 between Sunday …
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Tag:center
Environmental groups call for halt to new data center construction
As energy demand for data centers soars, environmental groups are calling for a moratorium on the approval and construction of new facilities. More than 230 organizations including Food and Water Watch, Friends of the Earth, and Greenpeace signed a public letter urging members of Congress to support a national moratorium on the approval and construction …
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Data center tweaks could unlock 76 GW of new power capacity in the US
Tech companies, data center developers, and power utilities have been panicking over the prospect of runaway demand for electricity in the U.S. in the face of unprecedented growth in AI. Amidst all the hand wringing, a new paper published this week suggests the situation might not be so dire if data center operators and other …
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Gridcare thinks more than 100 GW of data center capacity is hiding in the grid
Hyperscalers and data center developers are in a pickle: They all want to add computing power tomorrow, but utilities frequently play hard to get, citing years-long waits for grid connections. “All the AI data centers are struggling to get connected,” Amit Narayan, founder and CEO of Gridcare, told TechCrunch. “They’re so desperate. They are looking …
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Breakneck data center growth challenges Microsoft’s sustainability goals
Microsoft’s new sustainability report, released late last week, shows how a carbon-heavy economy can weigh on a company that wants to be carbon light. Since 2020, the company’s carbon emissions are up 23.4%, mostly a result of breakneck data center buildout to support its growing cloud and AI operations. Buying enough clean electricity is actually …
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