{"id":50934,"date":"2025-10-03T12:46:33","date_gmt":"2025-10-03T12:46:33","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=50934"},"modified":"2025-10-03T12:46:33","modified_gmt":"2025-10-03T12:46:33","slug":"shark-tank-star-kevin-oleary-says-bitcoin-mining-ai-data-centers-are-locked-in-a-power-struggle-amid-scarce-electricity-in-us","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=50934","title":{"rendered":"&#8216;Shark Tank&#8217; Star Kevin O&#8217;Leary Says Bitcoin Mining, AI Data Centers Are Locked In A &#8216;Power Struggle&#8217; Amid Scarce Electricity In US"},"content":{"rendered":"<div>\n<p>Renowned investor and &#8220;Shark Tank&#8221; personality <strong>Kevin O&#8217;Leary<\/strong> said Wednesday that artificial intelligence data centers and <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) mining are \u201ccompeting\u201d for scarce electricity in North America.<\/p>\n<h2 class=\"wp-block-heading\">O\u2019Leary Says US Doesn\u2019t Have Much Power<\/h2>\n<p>During an interview with Moneywise, O\u2019Leary weighed in on the power situation in the region, noting that there isn\u2019t much left on U.S. grids.<\/p>\n<p>\u201cBecause of the insatiable demand for AI data centers, we\u2019ve got a bit of a problem going on here. There is no power on the grid anymore,\u201d O&#8217;Leary, also known as &#8220;Mr. Wonderful,&#8221; said.<\/p>\n<p>He added that setting AI data centers and Bitcoin mining operations risks raising local power rates, which regulators avoid.<\/p>\n<p>\u201cThere\u2019s a lot going on here because you\u2019ve got two competing forces,\u201d O\u2019Leary said, highlighting a power struggle between Bitcoin miners and high-performance AI data centers.<\/p>\n<p><strong>See Also:<\/strong><a href=\"https:\/\/www.benzinga.com\/25\/04\/44621245\/gold-backed-cryptos-match-yellow-metals-highs-following-trumps-liberation-day-shock\"><strong> <\/strong><\/a><strong><a href=\"https:\/\/www.benzinga.com\/trading-ideas\/movers\/25\/10\/47996342\/canaan-stock-surges-on-us-order-for-50000-bitcoin-mining-machines\">Canaan &#8230;<\/a><\/strong><\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/10\/48014514\/shark-tank-star-kevin-oleary-says-bitcoin-mining-ai-data-centers-are-locked-in-a-power-stru\" alt=\"'Shark\" tank star kevin o says bitcoin mining ai data centers are locked in a struggle amid scarce electricity us>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Renowned investor and &#8220;Shark Tank&#8221; personality Kevin O&#8217;Leary said Wednesday that artificial intelligence data centers and Bitcoin (CRYPTO: BTC) mining are \u201ccompeting\u201d for scarce electricity in North America. O\u2019Leary Says US Doesn\u2019t Have Much Power During an interview with Moneywise, O\u2019Leary weighed in on the power situation in the region, noting that there isn\u2019t much [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-50934","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/50934","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=50934"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/50934\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50934"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50934"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}