FeesSafety
Pluang+

New Democratic leaders push to halt data center growth, threatening bitcoin miners pivoting to AI hosting in Texas and beyond.

Market News
06 Nov 2026, 10:30 WIB
Bitcoin
View Source
Bearish
New Democratic leaders push to halt data center growth, threatening bitcoin miners pivoting to AI hosting in Texas and beyond.

Newly elected Democrats in key states like Texas and Ohio are advocating for moratoriums or restrictions on new data centers, which poses a significant risk to bitcoin miners transitioning to AI hosting. Texas, holding 27% of planned U.S. data center capacity, is a focal point with Governor-elect Gina Hinojosa promising a ban on new data center approvals until protections are legislated. This political shift has already impacted related stocks and bitcoin prices, as miners rely heavily on cheap power and expansion space. While federal action is unlikely due to presidential veto power, state-level regulations could slow or halt the growth of AI data centers, challenging miners' business models.

The Democrats' push on AI data centers and bitcoin miners provides context for cryptocurrency trends. For readers following crypto, here is Pluang's market snapshot as of Nov 06, 2026 15:01 WIB: Out of 50 major cryptocurrencies, 4 rose and 45 fell. ADA traded at Rp3.311 with a 1-day change of -7.51%, LTC at Rp941.192 down 7.50%, and GRT at Rp347 down 7.18%.

More News

DNO ASA shares go ex-dividend Nov 6, paying NOK 0.375 per share on Nov 17.

DNO ASA shares go ex-dividend Nov 6, paying NOK 0.375 per share on Nov 17.

Norwegian oil and gas company DNO ASA announced its shares will trade ex-dividend starting November 6, 2026. Shareholders on record as of November 9 will receive a dividend of NOK 0.375 per share, payable around November 17. This dividend reflects th...

Company Fundamentals
Neutral
3 hours ago
Vallourec secures €750M multi-currency credit line, boosting investment-grade financial profile.

Vallourec secures €750M multi-currency credit line, boosting investment-grade financial profile.

Vallourec has signed a new €750 million multi-currency revolving credit facility (RCF) to replace its previous credit lines, improving its financial structure to align with an investment-grade profile. The new five-year credit line, with options to e...

Company Fundamentals
Bullish
3 hours ago
Vallourec secures €750M revolving credit facility to strengthen its investment-grade financial profile

Vallourec secures €750M revolving credit facility to strengthen its investment-grade financial profile

Vallourec has signed a new €750 million multicurrency revolving credit facility (RCF) to replace its previous credit lines, improving its financial structure with better terms and lower costs. The five-year facility, coordinated by BNP Paribas and Na...

Company Fundamentals
Bullish
3 hours ago
US spot Bitcoin ETFs saw a $430M outflow after a $75M inflow, led by Fidelity's fund reversal.

US spot Bitcoin ETFs saw a $430M outflow after a $75M inflow, led by Fidelity's fund reversal.

US spot Bitcoin ETFs experienced a sharp reversal from a $74.6 million inflow on November 4 to a $430.2 million net outflow on November 5, with Fidelity's FBTC fund driving most of the change. BlackRock's IBIT fund also saw outflows on both days but ...

Market News
Bearish
5 hours ago
Equinix opens SG6, a sustainable AI-focused data center in Singapore with advanced cooling and renewable energy.

Equinix opens SG6, a sustainable AI-focused data center in Singapore with advanced cooling and renewable energy.

Equinix has launched SG6, its sixth data center in Singapore, designed to support AI, high-performance computing, and data-heavy workloads. The facility features advanced liquid cooling and renewable energy systems, aiming for high efficiency and sus...

Market News
Bullish
5 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App