TheEnergyMag

TheEnergyMag

Research and analysis from TheEnergyMag

Who Owns the Stack: From Bitcoin to AI, the Race for Power Is Going Off-Grid

Apr 28, 2026

Who Owns the Stack: From Bitcoin to AI, the Race for Power Is Going Off-Grid

Bitcoin mining and AI are converging on the same energy stack—reshaping business models from colocation to power ownership.

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‘We Plow the Road’: Miners Pitch Role in AI Buildout at Bitcoin 2026

Apr 28, 2026

‘We Plow the Road’: Miners Pitch Role in AI Buildout at Bitcoin 2026

Large miners told a panel at Bitcoin 2026 they can “plow the road” for AI data centers—using flexible power loads to secure capacity early and support the grid as hyperscaler demand surges.

Riot Amends $200M Coinbase Credit Line to Cushion Bitcoin Swings

Apr 28, 2026

Riot Amends $200M Coinbase Credit Line to Cushion Bitcoin Swings

Riot Platforms has reworked the terms of its $200 million bitcoin-backed credit facility with Coinbase, shifting toward more predictable borrowing costs and adding safeguards against short-term crypto market volatility.

Hut 8 Taps $3.25 Billion Debt for Fluidstack-Backed AI Data Center

Apr 27, 2026

Hut 8 Taps $3.25 Billion Debt for Fluidstack-Backed AI Data Center

Hut 8 is seeking $3.25 billion in debt financing for a 245 MW AI data center backed by a 15-year, $7 billion lease with Fluidstack, signaling Bitcoin miners’ shift toward contracted AI infrastructure.

Tether Pushes Deeper Into Bitcoin Mining Stack With Open-Source Software Play

Apr 27, 2026

Tether Pushes Deeper Into Bitcoin Mining Stack With Open-Source Software Play

Stablecoin giant Tether is rolling out an open-source software framework that signals a broader ambition to shape how bitcoin mining infrastructure is built and operated.

Luxor, MicroBT Tie Investment to $100M Miner Deal Amid Weak Bitcoin Hashprice

Apr 26, 2026

Luxor, MicroBT Tie Investment to $100M Miner Deal Amid Weak Bitcoin Hashprice

Luxor and MicroBT have paired a strategic investment with a $100 million bitcoin mining hardware commitment and firmware support for Whatsminers.

Brookfield-Backed Csquare Files Confidentially for AI-Fueled US IPO

Apr 26, 2026

Brookfield-Backed Csquare Files Confidentially for AI-Fueled US IPO

Csquare, a Brookfield-backed data center operator, has confidentially filed for a U.S. IPO, following a $1 billion expansion across North America as demand for AI-ready infrastructure grows.

Maine Governor Vetoes Data Center Moratorium, Citing $550M AI Project

Apr 26, 2026

Maine Governor Vetoes Data Center Moratorium, Citing $550M AI Project

Maine Governor Janet Mills vetoed a bill to pause large data center projects, allowing a $550 million AI-linked redevelopment in Jay to proceed.

For AI and Bitcoin Investors: The Grid’s ‘Secret Sauce’ Just Got Even Sweeter

Apr 24, 2026

For AI and Bitcoin Investors: The Grid’s ‘Secret Sauce’ Just Got Even Sweeter

The same megawatts powering AI can also mine Bitcoin—unlocking gigawatts of capacity on today’s grid with minimal new buildout, contributor Earnest Hamilton writes.

$737M Revenue vs. $6M Free Cash Flow: The Math Behind Core Scientific’s $3.3B AI Loan

Apr 23, 2026

$737M Revenue vs. $6M Free Cash Flow: The Math Behind Core Scientific’s $3.3B AI Loan

Core Scientific’s $3.3 billion AI debt deal reveals the economics behind its data center buildout for CoreWeave with 590 MW contracted capacity and 185 MW billable as of March.