MARA Holdings Inc (NASDAQ:MARA) reported impressive financial results for Q4 and the full year 2024, achieving record revenues and net income. The company has successfully transformed into a vertically integrated energy and technology solutions provider, increasing its energy capacity by 300% and cutting energy costs by deploying its own power-generating assets. Revenue grew by 37% ...
Digihost, a cryptocurrency mining company in North Tonawanda, is considering using small nuclear reactors to meet its significant energy needs. The facility, located off Erie Avenue, signed a memorandum with NANO Nuclear Energy Inc. to explore this option, aiming to implement nuclear power in the area by 2031. However, local officials have raised concerns, proposing ...
The global surge in data centers is driving Big Tech to explore new energy solutions to support the growing demands of artificial intelligence. Options like nuclear power, liquid cooling, and advancements in quantum computing are on the table to meet this need. Experts caution that the environmental costs of this AI boom are often overlooked, ...
