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AI & Enterprise

AI data centres\' water use surges, topping California cities\' supply in 7 U.S. states

Data centres in seven major U.S. states may withdraw more freshwater each year than the total urban water supply used across California’s cities when cooling and power generation are included, an analysis showed. Non-profit think tank Ceres estimated annual withdrawals of about 10.4 million acre-feet. The report cautioned the figure measures withdrawals, not water ultimately consumed. Ceres also projected power generation could account for 72 percent of data centre water consumption by 2030.

Crypto

BitMine builds 5.9 million ether; 5 percent stake possible without further buys

BitMine, led by Tom Lee (톰 리), has lifted its ether holdings to 5.9 million, nearing a goal of securing 5 percent of circulating supply. Most of its holdings are staked, and an analysis suggests staking rewards alone could cover the remaining shortfall under current assumptions. Calculations vary with changes in overall ether supply and staking yields. The firm also faces choices on whether to hold or convert staking rewards into dollars.