Bitcoin miners have until 2027 to prove they deserve power on America’s overloaded grid

The post Bitcoin miners are using up to 12% of treasury BTC as collateral rather than selling coins appeared on BitcoinEthereumNews.com. Top public Bitcoin miner CleanSpark’s latest BTC count carried a footnote that may matter more than the headline total: of the 13,924 BTC it reported as of June 30, 1,719 BTC was posted as collateral or recorded as a receivable, all tied to derivative transactions That amounts to roughly 12% of the miner’s reported Bitcoin balance held in financing or risk-management mechanisms rather than functioning as a readily available reserve. For reference, CleanSpark currently owns the 11th-largest public Bitcoin treasury among operating companies. The disclosure does not imply misuse. It does show why miner treasuries are getting harder to read as the same BTC stacks are marketed as strength, sold for cash, pledged, restricted, or moved through derivatives. Related Reading Bitcoin miners start funding pivot to AI with debt while selling BTC to stay liquid Coi

The increased gas capacity forecast highlights a shift towards meeting AI and crypto energy demands, impacting electricity pricing dynamics. The post US Energy Information Administration nearly triples gas capacity forecast to 66 GW by 2030 appeared first on Crypto Briefing.

The post Crypto Regulations in Bhutan 2026: Tax, Bitcoin Reserve, GMC, and Banking Rules appeared on BitcoinEthereumNews.com. The post Crypto Regulations in Bhutan 2026: Tax, Bitcoin Reserve, GMC, and Banking Rules appeared first on Coinpedia Fintech News Bhutan has taken a unique approach to crypto. While the government limits retail crypto use through the country’s banking system, it has also become one of the world’s largest state-backed Bitcoin miners and is using Bitcoin to support its long-term economic plans. A key part of this strategy is Gelephu Mindfulness City (GMC), a special … Source: https://coinpedia.org/cryptocurrency-regulation/crypto-regulations-in-bhutan/

The post AI data centers drive Rust Belt factory power bills to record highs appeared on BitcoinEthereumNews.com. Manufacturers across the US industrial heartland are taking up record electricity costs as AI data centers crowd onto the same regional grid, with one Ohio brickmaker watching a single monthly charge climb from $1,600 to $12,000, according to a Reuters review of energy data and interviews with about a dozen firms. This rising cost is concentrated inside the territory run by PJM Interconnection, the largest US grid operator, stretching from New Jersey to northern Illinois and reaching south to Tennessee. Five of the eight states currently seen as emerging data center hubs sit in the Rust Belt, per Synergy Research Group, and a single server warehouse can draw as much power as a mid-sized town. Capacity charges are the main issue The hardest hit to these factories is the capacity charge, a fee paid to generators to ensure supply remains available for peak demand. For househol

Bitcoin miners have spent the last year trying to answer a tough question: what else can all this infrastructure do? Core Scientific’s long-term hosting agreement with CoreWeave is one of the clearest answers yet. The h

Revised transaction structure enables immediate closing, accelerating the Company’s strategic pivot toward AI data centers, enterprise GPU compute, and digital power infrastructure. Envirotech Vehicles, Inc. (NASDAQ: EVTV) (“EVTV” or the “Company”) today announced the successful completion of its merger with Azio AI Corporation (“Azio AI”) on July 2, 2026, paving the way for the Company to transform to an AI Datacenter Provider and meeting the growing market demand for artificial intelligence (“AI”) infrastructure, enterprise GPU compute, digital power solutions, data center development, and digital asset infrastructure; a market that the International Data Corporation (IDC) projects will reach $487 billion in global spending in 2026 and exceed $1 trillion by 2029.[1] The transaction marks a defining milestone in the Company’s strategic transformation and establishes the foundation for its next phase of commercial execution and long-term growth. The parties amended the proposed transac

Revised transaction structure enables immediate closing, accelerating the Company’s strategic pivot toward AI data centers, enterprise GPU compute, and digital power infrastructure. Envirotech Vehicles, Inc. (NASDAQ: EVTV) (“EVTV” or the “Company”) today announced the successful completion of its merger with Azio AI Corporation (“Azio AI”) on July 2, 2026, paving the way for the Company to transform to an AI Datacenter Provider and meeting the growing market demand for artificial intelligence (“AI”) infrastructure, enterprise GPU compute, digital power solutions, data center development, and digital asset infrastructure; a market that the International Data Corporation (IDC) projects will reach $487 billion in global spending in 2026 and exceed $1 trillion by 2029.[1] The transaction marks a defining milestone in the Company’s strategic transformation and establishes the foundation for its next phase of commercial execution and long-term growth. The parties amended the proposed transac

The pivot to AI infrastructure by Bitcoin miners like Hut 8 and Riot Platforms signals a shift towards more stable, long-term revenue streams. The post Hut 8 and Riot Platforms are racing to become AI landlords, and the market is paying attention appeared first on Crypto Briefing.