Datacentres should be forced to invest in wind and solar energy, agree all states except Queensland

The post Kazakhstan’s president signs decree to pull crypto trade into the country appeared on BitcoinEthereumNews.com. Kazakhstan President Kassym-Jomart Tokayev has today signed a decree that will ease stablecoin cross-border payments and offer income-tax relief to retail traders. The decree will also let miners burn unneeded gas for power, aimed at drawing crypto business into the country.  The order was drafted via an alliance between the Ministry of Artificial Intelligence and Digital Development (MAIDD), the National Bank of Kazakhstan and the Astana International Financial Centre. The decree is seen as the legal precursor for a regulated digital asset market, which Kazakhstan hopes will pull outside capital and give crypto firms much clearer rules for operation. Stablecoins for imports and exports A core interest for the newly signed decree in the country revolves around building mechanisms to use digital assets and stablecoins in cross-border settlements. Officials say this cou

They suck up energy and water, and blast out heat. Just who is better off from all this investment – aside from tech bros? The two great existential threats of our time – the climate crisis and AI – come hurtling together in the explosion of datacentres across Australia and around the world. You can hardly avoid hearing about them these days, either with awed reverence of the promised benefits to humankind or with fear and anger given the implications for the climate, inflation, jobs and even housing affordability. Continue reading...

The post Galaxy Digital delivers 133 MW to CoreWeave in Helios data center buildout appeared on BitcoinEthereumNews.com. Galaxy Digital has reached a major milestone in its shift from cryptocurrency mining to artificial intelligence infrastructure. The company has reported that Phase I power is fully operational at its Helios data center campus in West Texas. This grants CoreWeave (CRWV) 133 megawatts of critical IT capacity through a 15-year lease, marking the site’s evolution from bitcoin mining to AI operations. Phase 1 billing starts in Q2 2026. Originally a top-tier 180 MW North American bitcoin mine, Galaxy purchased Helios in 2022 for $65 million. Galaxy has since halted crypto mining to pivot the site toward AI and high-performance computing. Galaxy’s Phase II is in its greenfield stage Phase I met both its timeline and budget targets according to Galaxy. At the start of the project, Galaxy committed $350 million in equity, with the remaining construction cost financed through

Scottish government to consider SNP national council motion for moratorium on all new datacentres The Scottish government is about to consider a sweeping moratorium on building new datacentres, putting a key plank of the UK’s AI strategy at risk. Last Sunday the Scottish National party (SNP)’s national council passed a motion to freeze all new datacentres in Scotland. That motion has been sent to the Scottish government to consider. Continue reading...

A Queensland mother learned she’d won 1.6 million Australian dollars, about $1.1 million, in the June 6 Saturday Gold Lotto after spotting a Facebook post from the Lott Members Club about a winning ticket sold near her. Because the ticket wasn’t registered, the couple only confirmed the jackpot after checking the numbers, and they plan […]

The DRC's cobalt export restrictions could drive up global battery costs, impacting industries reliant on energy storage and prompting shifts in supply chain strategies. The post Congo orders cobalt miners to forfeit unused export quotas appeared first on Crypto Briefing.

LSE analysis highlights litigation linked to energy sources, water consumption and air pollution The proliferation of datacentres and AI is increasingly at the forefront of environmental litigation around the world from Chile to Ireland, a report has found. In an analysis of about 3,600 climate-related lawsuits filed since 2015, the latest annual review of climate litigation by the London School of Economics (LSE) found a growing number of cases challenging the energy sources, water consumption and air pollution of datacentres, all of which have related climate implications. Continue reading...

AI's rapid growth could exacerbate global resource inequalities, necessitating sustainable practices and transparency to mitigate environmental impacts. The post UN warns AI boom could strain water, power, and waste systems on a staggering scale appeared first on Crypto Briefing.