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Miner Weekly: When AI Data Centers Go Over Budget
AI data center costs are rising. Cipher, Riot and Hut 8 reveal how construction risks and tighter credit are reshaping the economics of miners’ AI expansion. ...
Riot Platforms Inks $28 Billion AI Data Center Lease for Corsicana Facility
Riot Platforms confirmed the full commitment of its 332-acre Corsicana site to a Frontier AI Lab under a triple-net lease structure. The 910-megawatt (MW) agreement is set for an initial 15-year term, with Riot anticipating average yearly rental income of $1.8 billion. Should the tenant exercise two available five-year extensions, the total revenue from the contract could climb to $54 billion.
2d ago
BitFuFu Reports Steady September Bitcoin Production Amid Dispute Over 80 MW Ethiopian Facility
BitFuFu Inc. filed a Form 6-K with the U.S. Securities and Exchange Commission on October 13, 2026, detailing its monthly operational metrics and a legal complication regarding its expansion into Ethiopia. The company reported total Bitcoin production of 167 BTC for September, down from 174 BTC in August. While cloud mining production fell to 69 BTC from 86 BTC, self-mining production rose to 98 BTC from 88 BTC. Daily production remained stable at 5.6 BTC.
2d ago
NextEra and Dominion Energy Submit Revised Merger Proposal to Virginia Regulators
In a move to advance their corporate combination, NextEra Energy and Dominion Energy have formally responded to the Virginia State Corporation Commission (SCC) regarding the proposed merger. The companies disclosed that they have agreed to 101 conditions exactly as drafted by SCC staff and the Office of the Attorney General's Division of Consumer Counsel. Furthermore, they have accepted another 13 conditions with specific enhancements, leaving only three items from the original list of 117 regulatory provisions subject to alternative proposals.
2d ago
WhiteFiber Acquires North Carolina Industrial Sites for $60 Million Data Center Expansion
WhiteFiber, Inc. (Nasdaq: WYFI) closed the purchase of manufacturing and land assets in Yadkin County, North Carolina, through its Enovum Data Centers Corp. subsidiary. The seller, Unifi Manufacturing, Inc. (UMI), received $60 million in cash for the properties. This final payment included the application of a $2.25 million deposit previously held in escrow.
2d agoTEM Explainer Series
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BitFuFu Reports Steady September Bitcoin Production Amid Dispute Over 80 MW Ethiopian Facility
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NextEra and Dominion Energy Submit Revised Merger Proposal to Virginia Regulators
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