• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Fred Thiel Predicts Revolutionary Changes in Energy Market Driven by AI and Data Centers

user avatar

by Giorgi Kostiuk

a year ago


  1. Artificial Intelligence and Energy
  2. Revival of Nuclear Power Plants
  3. Energy Independence of Data Centers

  4. Fred Thiel, CEO of Marathon Digital Holdings, one of the world's largest mining companies, has predicted rapid innovation and revolutionary changes in energy markets, driven by the growth of artificial intelligence (AI) and data centers.

    Artificial Intelligence and Energy

    According to Thiel, AI and data center companies are becoming the largest financial backers of new energy generation projects. This highlights the significant role such technologies will play in the future of global energy.

    Revival of Nuclear Power Plants

    Thiel noted that data centers are aiding the revival of old nuclear power plants. He cited the example of plans to restart the Three Mile Island nuclear plant in Pennsylvania, expected to come online in 2028 to power Microsoft's AI data centers.

    Data centers are aiding the revival of old nuclear power plants.Fred Thiel

    Energy Independence of Data Centers

    Thiel stated that data center operators will seek energy self-sovereignty, significantly impacting energy markets and benefiting all consumers. Marathon Digital, with mining capacities exceeding 23 EH/s, continues to invest in infrastructure development and the implementation of new technologies.

    Thiel’s predictions emphasize the importance of integrating modern technologies into the energy sector and the potential implications for the global market.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Shiba Inu Price Declines Amid Market Sentiment

chest

Shiba Inu has seen a significant decline in its price, dropping by 12.2% in the last 24 hours as the broader cryptocurrency market trades in the red.

user avatarKaterina Papadopoulou

BlockDAG Introduces Next-Gen Layer 1 Blockchain Technology

chest

BlockDAG is positioning itself as a high-performance Layer 1 blockchain solution, addressing key challenges in the blockchain space.

user avatarMaya Lundqvist

Shiba Inu Community Burns Over 46 Million Tokens

chest

The Shiba Inu community has burned 46,235,753 SHIB tokens in the last week, significantly impacting the total supply.

user avatarTomas Novak

Apeing Launches Whitelist for Promising Altcoins Under 0.40

chest

Apeing has introduced a whitelist-first approach that allows early participants to secure allocations before public pricing reshapes demand.

user avatarLeo van der Veen

Midnight Token Surge Boosts Cardano's Visibility

chest

The Midnight token's significant surge and trading volume highlight rising demand for privacy assets within the Cardano ecosystem.

user avatarLi Weicheng

Cardano's Strategic Developments Under Pentad Proposal

chest

Cardano is working on strategic developments to enhance its network and ecosystem through the Pentad proposal, which aims to introduce tier-1 stablecoins and build decentralized oracle networks.

user avatarAisha Farooq

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.