'Fossil-fired grids have provided a cautionary tale'

'Fossil-fired grids have provided a cautionary tale'

'Bitcoin devours the electricity meant for the world's poor' David Fickling at BloombergFor "decades, poor countries wanting to get rich have turned again and again to dams," says David Fickling. That "may be changing," as the "rise of data centers mining cryptocurrencies and training AI models is providing a new market for the vast volumes of electricity produced by hydro." This "risks destroying the math that for decades has made dams an essen…