TheEnergyMag

TheEnergyMag

Research and analysis from TheEnergyMag

Tether Trims Bitdeer Stake After AI Push Lifts Bitcoin Mining Stock

Jun 16, 2026

Tether Trims Bitdeer Stake After AI Push Lifts Bitcoin Mining Stock

Tether trimmed its Bitdeer stake after reloading during February’s selloff, selling more than 627,000 shares for about $12.7 million in proceeds.

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OpenAI’s Spending Reportedly Hit $34 Billion in 2025 as AI Race Intensified

Jun 16, 2026

OpenAI’s Spending Reportedly Hit $34 Billion in 2025 as AI Race Intensified

OpenAI’s spending reportedly hit $34 billion in 2025, while its adjusted net loss was about $8 billion after excluding a major non-cash accounting charge.

EIF Speaker Series: “Bitcoin the Ultimate Flexible Consumer of Energy” with Sean McDonough

Jun 16, 2026

EIF Speaker Series: “Bitcoin the Ultimate Flexible Consumer of Energy” with Sean McDonough

EIF Speaker Series features New West Data CEO Sean McDonough on why energy access may decide the AI infrastructure race and why bitcoin remains a flexible tool for monetizing unused energy.

Northern Data CEO to Step Down as AI Infrastructure Firm Advances Rumble Deal

Jun 16, 2026

Northern Data CEO to Step Down as AI Infrastructure Firm Advances Rumble Deal

Northern Data CEO Aroosh Thillainathan will step down as the AI infrastructure firm advances its planned Rumble combination and continues its shift away from bitcoin mining toward GPU cloud and data centers.

Sovright Launches Zcash Mining Pool Testnet With Shielded Payouts

Jun 15, 2026

Sovright Launches Zcash Mining Pool Testnet With Shielded Payouts

Sovright launched a Zcash mining pool testnet with shielded payouts and miner-controlled transaction selection, as ZEC rebounds from its early-June crash.

Sangha Renewables Weighs M&A for Texas Bitcoin Mine as AI Demand Lifts Power Assets

Jun 15, 2026

Sangha Renewables Weighs M&A for Texas Bitcoin Mine as AI Demand Lifts Power Assets

Sangha Renewables is weighing M&A options for its 20 MW Texas bitcoin mining site as AI data center demand raises investor interest in powered land and flexible compute infrastructure.

Avista Pauses Talks Over 500 MW Data Center Power Request After Community Pushback

Jun 15, 2026

Avista Pauses Talks Over 500 MW Data Center Power Request After Community Pushback

Avista paused talks over a proposed 500 MW Washington data center power request after community pushback over electricity demand, infrastructure strain and transparency concerns.

Bitcoin Mining Difficulty Set for Steep Drop as Hashrate Slides After Price Crash

Jun 13, 2026

Bitcoin Mining Difficulty Set for Steep Drop as Hashrate Slides After Price Crash

Bitcoin mining difficulty is set to drop by about 9.55% after a sharp hashrate decline, easing hashprice pressure as miners face bitcoin’s price crash, AI/HPC conversions and ERCOT 4CP curtailment.

Miner Weekly: Texas’ Peak Game Is Getting Harder as AI Load Floods ERCOT

Jun 11, 2026

Miner Weekly: Texas’ Peak Game Is Getting Harder as AI Load Floods ERCOT

ERCOT’s 4CP rule has long rewarded flexible loads that curtail during summer peaks. But with AI data centers driving Texas power demand, a proposed shift toward 12CP could make the peak-cost game harder.

Texas Adds 456 MW of Gas-Fired Power in Houston as ERCOT Braces for Summer Demand

Jun 11, 2026

Texas Adds 456 MW of Gas-Fired Power in Houston as ERCOT Braces for Summer Demand

Texas added 456 MW of new NRG gas-fired power in Houston, giving ERCOT more dispatchable capacity as demand from data centers, industry and summer peaks strains the grid.