Big Tech

Big tech’s nuclear gamble could change the course of the energy transition

October 25, 2024

(Oil Price) – Microsoft recently struck a deal to restart of the Three Mile Island nuclear power plant. Google partnered with small modular reactor developer Kairos to build 500MW of generation capacity. Amazon bought stock in another SMR developer, X-energy. Big Oil loves nuclear. This could change the course of the energy transition. Until quite recently, Big Tech was fully dedicated to the energy transition

Cryptominer MARA taps U.S. shale patch power generation in new pilot program

October 8, 2024

(BOE Report) – MARA Holdings Inc., the world’s largest publicly traded bitcoin miner, has begun producing power in the U.S. shale patch as part of a pilot program to fuel 25 megawatts of its mining operations with excess natural gas, the company told Reuters on Tuesday. The move comes as intensifying competition for electricity between Big Tech’s AI data

Big tech’s nuclear gamble could change the course of the energy transition

Cryptominer MARA taps U.S. shale patch power generation in new pilot program

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