TheEnergyMag

TheEnergyMag

Research and analysis from TheEnergyMag

DCG’s Fortitude Mining to Go Public Through HeartSciences Merger

Jun 23, 2026

DCG’s Fortitude Mining to Go Public Through HeartSciences Merger

DCG-owned Fortitude Mining plans to go public through an all-stock merger with HeartSciences, giving the Zcash-focused mining platform a Nasdaq listing under the expected ticker TUDE.

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Hut 8 Investors Reach $2.35 Million Settlement Over US Bitcoin Merger Claims

Jun 22, 2026

Hut 8 Investors Reach $2.35 Million Settlement Over US Bitcoin Merger Claims

Hut 8 agreed to a $2.35 million settlement with investors who alleged the bitcoin miner failed to disclose power and internet problems tied to its U.S. Bitcoin Corp. merger.

Microsoft to Build 2GW AI Data Center Campus in West Texas With Onsite Gas Power

Jun 22, 2026

Microsoft to Build 2GW AI Data Center Campus in West Texas With Onsite Gas Power

Microsoft plans a 2GW AI data center campus in Pecos, Texas, with onsite natural gas power, as hyperscalers race to secure electricity for cloud and AI demand.

Texas Regulators Approve ERCOT Batch Process for AI Data Center Power Requests

Jun 22, 2026

Texas Regulators Approve ERCOT Batch Process for AI Data Center Power Requests

Texas regulators approved ERCOT’s Batch Zero process to manage large power requests from AI data centers and other users, as the grid operator tracks 438 GW of proposed large-load demand.

EIF Speaker Series: ‘AI’s Real Buildout Has Barely Begun’ with NG Zhang

Jun 19, 2026

EIF Speaker Series: ‘AI’s Real Buildout Has Barely Begun’ with NG Zhang

EIF Speaker Series features Canaan’s NG Zhang on why the current AI boom feels like the early years of bitcoin mining.

US to Fast-Track AI Data Centers as Power Bottleneck Becomes National Priority

Jun 19, 2026

US to Fast-Track AI Data Centers as Power Bottleneck Becomes National Priority

FERC ordered six regional grid operators to justify or reform rules for connecting AI data centers and other large power users, aiming to speed grid access while protecting ratepayers.

Miner Weekly: Bitcoin Miners’ AI Repricing Faces a $50 Billion Reality Check

Jun 18, 2026

Miner Weekly: Bitcoin Miners’ AI Repricing Faces a $50 Billion Reality Check

Bitcoin’s latest difficulty drop shows how quickly hashrate can leave the network as miners redirect power toward AI infrastructure, but the sector’s AI repricing still faces a $50 billion funding gap.

HIVE Signs $220M AI Cloud Deal With Bell, Cohere for Canadian Sovereign Stack

Jun 18, 2026

HIVE Signs $220M AI Cloud Deal With Bell, Cohere for Canadian Sovereign Stack

HIVE’s BUZZ HPC signed a $220 million GPU cloud deal with Bell Canada and Cohere, using Nvidia GB200 systems to support sovereign AI infrastructure in Canada.

North Tonawanda Extends Data Center Pause as AI Conversion Plan Faces Pushback

Jun 17, 2026

North Tonawanda Extends Data Center Pause as AI Conversion Plan Faces Pushback

North Tonawanda extended its AI data center moratorium for another year, pausing a proposed conversion of a bitcoin mining site amid resident concerns over noise, zoning and local oversight.

Bitdeer’s 750MW Ohio AI Data Center Plan Draws Local Scrutiny

Jun 17, 2026

Bitdeer’s 750MW Ohio AI Data Center Plan Draws Local Scrutiny

Bitdeer’s proposed 750MW AI data center campus in Shalersville, Ohio, drew local scrutiny as residents raised concerns over power use, water, noise and environmental impacts.