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Flash
- 19:35Microsoft predicts: Data center resource shortage crisis will continue until 2026Jinse Finance reported that the duration of Microsoft's data center shortage will last longer than the company previously expected, and many data center regions in the United States will face issues of physical space or server shortages. According to people familiar with the company's internal forecasts, new subscriptions to Azure cloud services will be restricted in some key server farm centers, including Northern Virginia and Texas, until the first half of next year. The lack of servers available for leasing to customers has been a recurring concern for cloud providers. Microsoft, Amazon, and Google have all described similar constraints, and Microsoft is working to balance customer demand for its data center fleet.
- 19:04Massachusetts Bitcoin Reserve Bill Hearing Receives Lukewarm ResponseJinse Finance reported that Massachusetts Senator Peter Durant presented his proposed "Bitcoin Strategic Reserve Bill" at a legislative hearing on Tuesday, but no questions were raised on site. The bill plans to allow the state treasury to invest up to 10% of its stabilization fund in crypto assets and to include Bitcoin or digital assets seized by the state government in its reserves. As both the House and Senate of the state are overwhelmingly controlled by the Democratic Party, which also holds the governor's office, it remains unclear whether the bill will pass. Previously, similar crypto reserve legislation has been passed in Texas, Arizona, and New Hampshire.
- 18:45Bitdeer shifts to self-operated mining business, entering competition with its clientsJinse Finance reported, citing Bloomberg, that Nasdaq-listed Bitdeer Technologies Group, under the leadership of founder Jihan Wu, is transforming from a mining machine manufacturer into a large-scale proprietary Bitcoin mining company. According to the latest filings, the company’s proprietary mining hashrate has quadrupled since August last year, with the goal of ranking among the world’s top five crypto mining enterprises. This means Bitdeer is now directly competing with its own clients in response to a slowdown in mining machine demand.