Blaming mining for electrical problems is propaganda. Foreign capital wants to invest in Venezuela, but with stable rules. On May 18, the Vice Minister of Electrical Energy of Venezuela, Brigadier General Vianney Rojas, traveled to the San Vicente Industrial Zone, in Maracay, to participate in person in the dismantling of a farm with 4,000 ASICs … Read more
For AI, the main bottleneck is accessing the electrical grid, according to the WEF. By 2030, 10% of new electricity connection requests will come from AI centers. Artificial intelligence data centers represent the most difficult type of electricity demand faced by the global grid, according to a report published this May 18 by the World … Read more
Bernstein estimates 27 GW worth of bitcoin miners for AI infrastructure. 3.7 GW of capacity is already committed to computing agreements for artificial intelligence. A report from the investment bank Bernstein noted on May 19, 2026, that bitcoin (BTC) mining companies are gaining relevance in the construction of artificial intelligence infrastructure, controlling more than 27 … Read more
According to the authorities, it is an “illegal” farm whose consumption is approximately 10 megawatts. The miners were “causing a significant impact on the national electrical system.” On Monday, May 18, Venezuelan authorities dismantled a Bitcoin mining farm in the San Vicente Industrial Zone, located in the city of Maracay, Aragua state, in the center … Read more
About 75% of the global Bitcoin hashrate sat down at the same table to adopt a solution to one of the biggest criticisms of mining: the centralization of power in pools. Not out of philanthropy, but motivated by the same game theory inherent to the operation of Bitcoin: economic incentives. Foundry, AntPool, F2Pool, SpiderPool, MARA … Read more
In Spain, 16% of solar generation was disconnected in the first quarter of 2026. BTC mining absorbs electrical surpluses and turns off when the electrical grid needs it. Europe will waste around 40 terawatt-hours (TWh) of solar energy in the coming months, equivalent to the annual electricity consumption of the entire London metropolitan area. This … Read more
The layoffs were carried out in at least two rounds in April and affected multiple departments of the company. The entry MARA’s pivot to AI has a human cost: 15% of its workers are laid off was first published in CriptoNoticias – Bitcoin, Ethereum and cryptocurrency news. Source link
The company Crypto Tools, CA, which was dedicated to Bitcoin mining in Venezuela, issued a legal and technical analysis in which it questioned the legality of the equipment confiscation operations and the absolute prohibition of the activity dictated by the Ministry of Popular Power for Electric Energy (MPPEE). According to the firm, all State actions … Read more
Bitcoin miner MARA Holdings liquidated approximately $1.5 billion of its BTC reserves during the first quarter of 2026 to repurchase more than $1 billion in face value of its convertible bonds due in 2030 and 2031. According to the quarterly letter to shareholders published on May 11, through its official account in X. The operation … Read more
Mining bitcoin when the price rises will generate more income in absolute terms, but this comes with greater competition and costs. Recent data shows BTC around $80,000, with a network difficulty greater than 132 terahashes. In a typical bullish scenario, the block reward will be worth more in USD, attracting new miners and raising the … Read more