Finance News – Capacity
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TMK starts drilling seventh gas production well in Mongolia
TMK Energy's initiation of its seventh gas well aims to enhance output levels at the Lucky Fox Pilot Well project, potentially strengthening the company's market position and reven...
Read Full Article →The unintended consequences of Trump’s copper tariff
The recent 50 percent tariff on copper is likely to increase costs for American manufacturers due to limited domestic processing capabilities despite abundant copper reserves.
Read Full Article →BitFuFu Hits 36.2 EH/s Hashrate, 728 MW Capacity in June
In June, BitFuFu expanded its mining power and electricity usage, resulting in a total Bitcoin holding of 1,792 BTC, reflecting notable growth in its digital asset accumulation.
Read Full Article →Mainland China chipmaking capacity set to outpace Taiwan by 2030
Projected growth in semiconductor manufacturing suggests that China will surpass Taiwan in production capabilities by 2030, potentially reshaping the global supply chain and impact...
Read Full Article →Bitcoin miner Hut 8 signs five-year capacity contracts with Ontario grid operator for gas-fired powe...
The agreement between Hut 8 and the Ontario grid operator highlights the increasing involvement of cryptocurrency mining in traditional energy systems, potentially impacting long-t...
Read Full Article →Why GM investors seem to like the idea of spending billions to boost U.S. production
GM’s decision to allocate $4 billion to increase current manufacturing capabilities has positively influenced its stock value, as investors consider this approach more cost-effecti...
Read Full Article →HIVE Digital Capacity Crosses 10 EH/s in May, Aims to More Than Double That by Year-End
The company’s hydropowered operations in Paraguay contributed to a significant increase in computational power, potentially enhancing its revenue prospects by expanding its ability...
Read Full Article →Opec+ to boost oil output for third consecutive month
Increasing production for the third month in a row may increase supply levels, potentially leading to lower global oil prices and impacting revenue streams for exporting countries.
Read Full Article →One year after the Trans Mountain Pipeline expansion, why isn't it full?
Despite the recent expansion of the Trans Mountain Pipeline aimed at enhancing oil exports, capacity utilization remains below expectations, prompting questions about its impact on...
Read Full Article →Data center boom in world's largest market is not slowing down, Dominion Energy says
Dominion Energy's CFO reported that the company's data center capacity, totaling 40 gigawatts, is progressing through various contracting stages, indicating sustained growth in thi...
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