Bruno Vaccotti, Head of Public Affairs of Penguin, a bitcoin mining company, has referred to the existence of what he called “vulture contracts,” and its effects on developing mining operations in Paraguay. Vaccotti stated that large amounts of energy have been assigned through these contracts that have not been taken advantage of and are blocked […]
Source link
Wall Street is paying up for Bitcoin miners’ AI infrastructure before most of it is built
A megawatt leased to an AI tenant now commands a different price on Wall Street than a megawatt sitting in...
