According to Odaily, Houston-based technology company Lancium and Denver's Crusoe Energy Systems announced a multi-billion dollar agreement on Thursday to build a 200-megawatt data center outside Abilene, Texas. This project aims to meet the unique needs of artificial intelligence companies and represents the first phase of a 1.2-gigawatt construction plan. Lancium President Ali Fenn stated in an interview that this will be one of the world's largest AI data center campuses, highlighting the accelerating trend of companies shifting from Bitcoin mining to AI business competition.
Needham analysts estimate that within the next one to two years, the power capacity of large publicly traded Bitcoin mining companies, including plans for mining and high-performance computing business expansion, is expected to more than double. The Electric Power Research Institute estimates that by 2030, data centers will account for 9% of the total electricity consumption in the United States, up from around 4% in 2023. Some industry experts believe that nuclear energy could potentially meet this growing demand. TeraWulf, for instance, uses nuclear energy to power its mining operations and is seeking to enter the machine learning field. So far, the company has 2 megawatts of high-performance computing capacity and plans to shift its energy infrastructure towards AI and high-performance computing (HPC).