AI Giants Outspend Crypto Firms on Powering Data Centers
Welcome to our guide to the energy and commodities powering the global economy. Today, reporter Josh Saul looks at the competition between artificial intelligence companies and Bitcoin miners for limited electricity supplies, with crypto getting crowded out of the market.
A few years ago, Bitcoin miners were the flashy newcomers in the electricity world, buying up megawatts for data centers and raising fears of an overwhelmed power grid.
