Tag: cryptocurrency

Crypto-printing power plant in PA poised to “pivot to AI”

Bitfarms bought the bitcoin printing power plant in Pennsylvania and now there’s speculation that it’s part of the so-called “AI revolution” while Bitfarms is accused of misleading. This news came out the day after my last post about this Panther Creek facility. Data Center Dynamics – Bitfarms gets $300m debt facility from Macquarie for Bitcoin and […]

No to data center corporate welfare.

Data centers don’t need to be subsidized as businesses that need them and will build them either way. There is zero justification for giving taxpayer giveaways to big tech companies and cryptocurrency tycoons to build their data centers. Boondoggle – Big Tech’s AI Blackmail State and local data center extortion is going national. Pat Garofalo […]

Crypto conflicts in Congress.

Citation Needed – Issue 75 – Absolutely preposterous Trump horrifies even some of his crypto-steeped fans by launching a memecoin before his inauguration, and a flurry of activity from the new administration signals what’s in store for the crypto world in the next four years. Molly White 24 Jan 2025 Senator Cynthia Lummis (R-WY) faked out […]