TheEnergyMag

TheEnergyMag

Research and analysis from TheEnergyMag

Terawulf Adds $500M Bridge Loan for Kentucky AI Data Center as Debt-Fueled HPC Pivot Deepens

Mar 16, 2026

Terawulf Adds $500M Bridge Loan for Kentucky AI Data Center as Debt-Fueled HPC Pivot Deepens

Terawulf has added another layer of debt to fund its AI buildout, entering a 364-day, $500 million delayed-draw bridge loan to finance construction of its data center project in Hawesville, Kentucky.

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Bitcoin Miner Creditors Claim $13.6M in BlockFills Bankruptcy

Mar 16, 2026

Bitcoin Miner Creditors Claim $13.6M in BlockFills Bankruptcy

BlockFills’ bankruptcy filing shows bitcoin miner creditors Simple Mining, Bitfarms, and Coinmint co-founder Ashton Soniat hold roughly $13.6 million in claims.

DOE Targets AI-Driven Power Demand With $1.9B Grid Upgrade Initiative

Mar 13, 2026

DOE Targets AI-Driven Power Demand With $1.9B Grid Upgrade Initiative

The U.S. Department of Energy launched a $1.9 billion grid upgrade program as rising electricity demand from AI and data centers strains the nation’s power infrastructure.

Nscale in Talks to Acquire 8GW West Virginia AI Data Center Site: Report

Mar 13, 2026

Nscale in Talks to Acquire 8GW West Virginia AI Data Center Site: Report

U.K.-based AI cloud provider Nscale is reportedly in talks to acquire a large data center development site in West Virginia that could support up to 8 gigawatts of capacity.

AMC Robotics Taps HIVE GPU Cloud to Power AI Robotics Development

Mar 13, 2026

AMC Robotics Taps HIVE GPU Cloud to Power AI Robotics Development

San Antonio–based AMC Robotics is tapping GPU infrastructure from HIVE Digital as demand for computing power spreads beyond AI model training into robotics applications.

Miner Weekly: AI Is Fueling a Nuclear Renaissance — But Bitcoin Miners Got There First

Mar 12, 2026

Miner Weekly: AI Is Fueling a Nuclear Renaissance — But Bitcoin Miners Got There First

Hyperscalers are signing decades-long nuclear power deal for AI capacity — but Bitcoin miners were early adopters of colocating compute directly with baseload power.

Foundry Expands into Zcash Mining Pool as Bitcoin Hashprice Slides

Mar 11, 2026

Foundry Expands into Zcash Mining Pool as Bitcoin Hashprice Slides

Foundry Digital plans to launch an institutional-grade Zcash mining pool in April, expanding the largest Bitcoin mining pool operator into the privacy-focused cryptocurrency network. The Rochester, New York-based company said on Wednesday the new service is designed to provide a compliant mining infrastructure for Zcash that can support institutional and publicly traded miners. Foundry currently […]

The 20 Million Milestone: Bitcoin Mining Is, and Always Will Be, an Energy Business

Mar 10, 2026

The 20 Million Milestone: Bitcoin Mining Is, and Always Will Be, an Energy Business

This article is the first in a four-part series examining why Bitcoin mining is fundamentally an energy business—and why that matters in a world where AI and large-scale computing are increasingly limited by electricity.

Nscale Raises $2B for AI Infrastructure Expansion With Nvidia, Jane Street Backing

Mar 9, 2026

Nscale Raises $2B for AI Infrastructure Expansion With Nvidia, Jane Street Backing

U.K.-based AI infrastructure firm Nscale has raised $2 billion in a Series C funding round that values the Bitcoin mining spinoff at $14.6 billion.

Bitfarms Expands Leadership Bench to Support AI HPC Build-Out, US Domiciliation

Mar 9, 2026

Bitfarms Expands Leadership Bench to Support AI HPC Build-Out, US Domiciliation

Bitfarms is bolstering its leadership ranks with a series of hires aimed at accelerating the company’s expansion into HPC infrastructure while preparing for a shift toward U.S. corporate domiciliation.