Talen focused on data center demand as it considers axing crypto business

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 66%

Business News News

Business Business Latest News,Business Business Headlines

NEW YORK : Talen Energy is focused on capturing surging demand from data center developers as the independent power company looks to pivot away from its crypto mining operation, company executives said on a conference call on Tuesday.Talen is among a group of U.S.

FILE PHOTO: Cryptocurrency miners are seen in a liquid immersion cooling mining tank at the TMG Core stand during the Bitcoin Conference 2022 in Miami Beach, Florida, U.S. April 6, 2022. REUTERS/Marco Bello/File PhotoNEW YORK : Talen Energy is focused on capturing surging demand from data center developers as the independent power company looks to pivot away from its crypto mining operation, company executives said on a conference call on Tuesday.

Reuters reported this month that Talen was in a process to sell its bitcoin mining center at the site of a Pennsylvania nuclear power plant

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Intouch and Gulf Energy announce merger to form new public entity ‘NewCo’pstrongShares of ‘NewCo’ will be listed and traded on the Stock Exchange of Thailand./strong/p pIntouch Holdings Public Company Limited (Intouch), an indirect associated company of Singapore Telecommunications Limited (Iingtel), has announced a merger agreement with Gulf Energy Development Public Company Limited (Gulf).
Source: SBRMagazine - 🏆 13. / 51 Read more »