#electricity
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Growing Pains: How AI is Challenging the Decarbonization
According to experts at the World Economic Forum (WEF), the computational power used in the artificial intelligence industry is doubling every 100 days. This growth corresponds with a significant increase in the electricity consumed by data centers, presenting a complex paradox. 
The least favorable locations for Bitcoin mining
Coingecko has just unveiled a report that details the countries where mining 1 BTC could be either a lucrative venture or a costly mistake.
For example, mining a Bitcoin in Lebanon would cost only $266 in electricity, while the same task in Italy would run a shocking $206,000, or 783 times more.
Out of the top 10 nations with the highest electricity costs, 9 are European. 
US school official caught stealing electricity for Bitcoin mining
The Massachusetts prosecutor's office reported about the bust of a secret group of illegal miners, led by a former employee of a local school, Nadeam Nahas. He is accused of running an illegal BTC mining operation at the school's crawlspace. 
How to reduce Bitcoin mining risks: business case
Mining profitability has been declining since the end of 2021 as a result of the bear market. Increased mining difficulty and skyrocketing electricity prices twisted the knife in 2022. The miners had no choice but to change their business strategy. Their task was to level out negative market factors while maintaining profits. 
Atomic mining: the future is here!
A bitcoin mining operation powered entirely by "green" nuclear energy has just launched in Pennsylvania. TeraWulf has announced that it will be using the Susquehanna nuclear power station to mine BTC.
The key details about the project:
Nuclear power station capacity – 2.5 GW.
Fixed cost of electricity – $0.02 per kWh for five years.
Planned load – 50,000 mining rigs, 160 MW.
Actual load at present – 8,000 mining rigs.
Computing power – 5.5 EH/s.
With such a low electricity rate, this project promises to be highly profitable even in a bear market. Indeed, it's a far cry from mining BTC in a school's crawlspace! 
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