Search results for "POWER"
2026-04-22
15:30

OpenAI Plans to Deploy 30GW Computing Power by 2030

OpenAI aims for 30GW of computing by 2030 to meet rising AI demands, with 8GW completed of a 10GW 2025 target. The expansion signals a strategy to scale infrastructure for next-generation AI development and deployment. OpenAI intends to reach 30GW of computing power by 2030 to accommodate growing AI demands, having already completed 8GW of a 10GW target for 2025. The move reflects a strategic expansion of infrastructure to support next-generation AI development and deployment.
More
09:53

Sam Altman Details Failed Negotiations with Elon Musk Over OpenAI Control, Lawsuit Set for April 27

Altman on Core Memory recounts failed OpenAI governance talks with Elon Musk: stages of compromise toward a for-profit model, Musk's demands for majority stake and CEO control, Altman opposing absolute power, with trial looming. Abstract: Sam Altman details, on Core Memory, failed negotiations with Elon Musk over OpenAI governance, outlining moves toward a for-profit model, Musk's demands for majority stake and CEO authority, and Altman's rejection of absolute control; the litigation looming with a trial set for April 27.
More
09:46

Uzbekistan Establishes State-Backed Crypto Mining Zone with Tax Exemptions Until 2035

Uzbekistan launched the Besqala Mining Valley zone in Karakalpakstan with tax exemptions until 2035; miners must bank revenue in Uzbekistan and pay 1% monthly to the zone, with use of renewables allowed. Abstract: Uzbekistan established Besqala Mining Valley in Karakalpakstan as a state-backed crypto mining zone. It provides tax exemptions through 2035, requires miners to deposit all revenue in Uzbek banks, imposes a 1% monthly levy to zone authorities, and permits mining with renewables, hydrogen, and grid power.
More
04:26

Gate launches the "Compute Power Goes Ballistic" campaign: complete tasks to unlock mystery boxes and win a Mac Studio M3 Ultra; USDT wealth management offers 6% APY; BTC/ETH/SOL staking up to 16% APY

Gate News message, according to the Gate official announcement on April 22, 2026, the platform has launched a "Compute Power Goes Ballistic" themed campaign. During the campaign (from 14:00 on April 22 to 16:00 on April 26, UTC+8), users can complete multiple tasks to unlock the chance to open mystery boxes. Prizes include Mac Studio M3 Ultra, RTX 5090 GPU, XPIN tokens, lucky draw gift bags, and more, using a 100% guaranteed win model. The tasks cover multiple scenarios such as instant exchange trading, spot trading, derivatives trading, deposits, invitations, and VIP upgrades, with different tasks corresponding to different numbers of mystery box openings. At the same time, the platform has introduced interim wealth-management products: USDT 14-day fixed-term wealth management with an annualized return of 6%. You can apply with a net deposit of ≥ 1,000 USDT, with a personal limit of 20,000 USDT. For on-chain earnings, staking BTC, ETH, and SOL can receive up to a 7.5% boost, with staked SOL reaching up to 16% annualized returns. In addition, new and existing users can also participate in multi-asset wealth-management products such as ETH, USDD, XAUT, AIA, SWCH, 0G, and APT, with some products offering annualized returns exceeding 100%.
More
BTC2,73%
ETH1,93%
SOL0,13%
XPIN1,46%
02:01

CATL Launches 1,000 km Range Qilin Battery and 6-Minute Fast Charging Shenxing Battery

CATL unveils Qilin: 1,000 km range, 280 Wh/kg, 10C; Shenxing: 98% charge from 10% in 6:27 (LFP). Plans 4,000 charging/battery-swapping stations by 2026 with partners, and emergency-use station batteries power chargers with above 85% utilization. Abstract: CATL announces two battery technologies—Qilin and Shenxing—highlighting long range, higher energy density, and rapid charging, plus a plan to deploy 4,000 charging/battery-swapping stations by 2026 with automaker partners and emergency power support for charging units.
More
10:41

Uzbekistan Establishes Besqala Mining Valley with Tax Exemption Until 2035

Uzbekistan creates Besqala Mining Valley SEZ to lure crypto miners with tax breaks till 2035, guaranteed grid access, and licenses from NAPP amid growing regional competition. Abstract: President Shavkat Mirziyoyev issued a decree establishing the Besqala Mining Valley, a special economic zone in Karakalpakstan designed to attract cryptocurrency miners. The zone offers income tax exemption through January 1, 2035 and other incentives, and guarantees access to Uzbekistan's unified power grid supported by renewable energy and hydrogen plants. Miners may sell mined assets on domestic and international platforms, subject to licensing by the National Agency for Prospective Projects (NAPP) and zone directorate applications. The move follows Uzbekistan issuing its first mining permit in February 2026 to NexaGrid in Bukhara after regulatory uncertainty, and comes as the country faces regional competition as Kazakhstan, Kyrgyzstan, Turkmenistan adjust crypto policies and Uzbekistan contemplates stablecoins for settlements this year.
More
07:32

ETH jumps 1.22% in 15 minutes: DeFi segment activity and trading volume surge resonate to drive the move

2026-04-20 07:15 to 07:30 (UTC), ETH’s short-term return reached +1.22%. The price range spanned from 2285.19 to 2332.62 USDT, with a 2.07% amplitude. During this period, market attention heated up, volatility noticeably intensified. On-chain transaction volume rose in tandem, and key mainstream on-chain activity indicators expanded significantly on a month-over-month basis. The primary driver of this deviation was an increase in transaction activity related to DeFi protocols, which boosted the share of on-chain Gas consumption. At the same time, total on-chain transaction volume saw a sharp surge in a short time. DeFi scenarios such as decentralized exchanges and lending protocols led to a direct surge in demand for ETH, driving funds to flow quickly into the market. In addition, the average Gas fees and Gas prices on the ETH network continued to climb in this window, further validating that high-frequency trading and active capital were accelerating into the market and strengthening short-term bullish sentiment. Second, on-chain data also showed an expansion in liquidity related to stablecoins and ERC20 assets, strengthening market buy-side power. Although historical large-wallets such as Wilcke still held a large amount of ETH after early March, this cycle did not trigger abnormal transfers or large-scale sell-offs. Meanwhile, the positioning structure of mainstream ETH did not show passive deleveraging or concentrated liquidation. Under the combined effects of multiple factors, global buy-side demand was amplified, and short-term ETH volatility was further elevated. Be alert to the risk of capital sustainability after a surge in high-frequency trading volume and Gas fees. If subsequent incremental buying is lacking or on-chain attention cools down, ETH may face short-term pullback pressure. Monitor changes in large-holder positions, any abnormal shifts in network fees, and liquidity volatility on the DeFi protocol chain. While there have been no signs of security incidents involving major contracts and protocols so far, short-term liquidity disturbances still need close observation. Keep monitoring fund flows and on-chain structure to stay informed about subsequent market changes.
More
ETH1,93%