• 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

Coinbase's Withdrawal Leads to Senate Banking Committee Reset

chest

Coinbase's withdrawal of support for the crypto market structure bill led to the cancellation of the Senate Banking Committee's markup hearing and a restart of negotiations.

user avatarElias Mukuru

AI Experts Debate Human Accountability as AI Systems Evolve

chest

AI experts Jaron Lanier and Dr. Ben Goertzel discuss the necessity of human accountability as AI systems become more autonomous.

user avatarMohamed Farouk

Blockchain Experiment Shows Promise for Future Aviation

chest

NASA's blockchain experiment demonstrated its potential to secure aviation data and support autonomous flight.

user avatarMaria Fernandez

NASA Explores Blockchain Technology for Aviation Security

chest

NASA has initiated an exploration of blockchain technology to enhance the security of aviation systems against cyber threats.

user avatarGustavo Mendoza

Kazakhstan Establishes Regulatory Framework for Digital Assets

chest

Kazakhstan's President Kassym-Jomart Tokayev has signed new legislation to regulate digital assets, including cryptocurrencies like Bitcoin.

user avatarDiego Alvarez

Market Consolidation Observed as SHIB Exchange Reserves Remain High

chest

Market consolidation is observed as SHIB exchange reserves remain high, indicating that broader market participants are not rapidly withdrawing assets for long-term holding.

user avatarKenji Takahashi

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.