"I believe 2026 may mark the beginning of a new phase: the large-scale development of off-grid data centers built closer to the point of energy generation, where, under certain conditions, it may be possible to generate and utilize power at costs approaching $0.02 per kWh."
"The merger, which values CS Digital Ventures at $55 million, would be completed in several tranches and would anticipate what CS Digital's CEO Bernardo Schucman has called the third era of Bitcoin mining."
Olenox is set to merge with CS Digital Ventures in a $55 million all-share transaction. This merger aims to combine Olenox's energy expertise with CS Digital's bitcoin mining capabilities. The new entity will focus on developing off-grid mining and AI data center initiatives near energy generation sites. The merger is expected to usher in a third era of bitcoin mining, targeting operational costs as low as $0.02 per kWh by utilizing energy in curtailed environments.
Read at news.bitcoin.com
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