The rise in bitcoin does not solve the economic equation of mining. At Riot Platforms, the increase in prices covers the electricity bill, without absorbing all charges or depreciation. This gap brings the debate back to a more demanding question: from what price does a mining company actually become profitable again? The analysis distinguishes three thresholds, from energy cost to accounting result.
Fired from OpenAI, here he is a billionaire. Leopold bets on electricity and bitcoin miners to fuel AI. His former friends shout betrayal. He pockets the money.
Bitcoin miners have no money left. So they promise 30 GW to AI. Problem: only 11 GW actually exist. The rest is air. But it looks nice.
AI data centers nibble away at electricity and the patience of local residents: the same recipe as with bitcoin, but wrapped in a well-oiled progress discourse.
Bitcoin carries a persistent label: that of an energy sink. And like all labels, it sticks all the better because it avoids details. This weekend, Daniel Batten, an ESG researcher, put the file back on the table in a thread on X, with a rare bias in this debate: going back to data, and especially to peer-reviewed studies. Nine “classic” criticisms would, according to him, be out of step with what the figures show at the level of electrical networks.
When energy-hungry AI comes to steal the watts from bitcoin, things heat up in data centers! And the miners, they dig... to stay connected.
While Moscow electrifies its farms and Beijing mines quietly, Washington subtly pulls the strings: but who is really pulling the strings of bitcoin in this strange energy game?
The blackout in Spain is an opportunity to remind that the Bitcoin industry could certainly have helped to avoid the disaster.
Russia is at a major economic turning point, burdened by surging military expenditures and an escalating energy crisis. As financial resources dwindle, the cost of the conflict in Ukraine becomes unsustainable. By 2025, rising military spending and falling energy revenues will confront the country with an unprecedented economic challenge.
"America First" roars Trump, hammering taxes and drilling like a refrain. The Green New Deal expires, the economy trembles, the euro wonders.
Goodbye pipeline, goodbye windfall: under the bombs, Kiev breathes a chilling wind that extinguishes the Russian stoves and warms Europe with embarrassment.
Ukraine halts Russian gas transit starting in 2025. Discover the major consequences for the European economy!
"Suspense among traders: American inflation, the new obsession of Wall Street! Europe is calm, but Siemens and Just Eat are having fun."
New mandate for Trump: an explosive cocktail of a strong economy, with frantic drilling and impactful tariffs. The party begins!
As Maduro seems to have orchestrated a massive election fraud to stay in power, Venezuela tragically marches towards total and imminent collapse.
July sees a resurgence of inflation in France at 2.3%, caused by a significant rise in energy prices.
Is bitcoin the solution to all woes? Are we not asking a little too much of this currency increasingly seen as an absolute store of value?
Russian companies are already using cryptocurrencies to avoid sanctions, while massive investments are being considered.
"Blockchain technology is revolutionizing various industries such as finance, supply chain management, and healthcare. Its decentralized and transparent nature ensures security, efficiency, and immutability of data. With the potential to eliminate intermediaries and provide trust in transactions, blockchain is poised to transform the way we do business."