Galaxy Digital has secured regulatory approval from ERCOT for an 830 MW capacity expansion at its Helios site in Texas, lifting total approved and connected power to more than 1.6 GW, the company announced. The bitcoin industry veteran, which acquired the former Argo Blockchain facility in late 2022, is now pivoting aggressively toward high-performance AI infrastructure. Galaxy has already signed a landmark 15-year, $15 billion hosting agreement with CoreWeave to deliver 800 MW of critical IT load for GPU clusters, with the first 133 MW tranche currently under construction for delivery in the first half of 2026. “Securing this additional 830 MW approval from ERCOT is a watershed moment for Galaxy,” said CEO Mike Novogratz. The enlarged footprint positions the company to capture surging demand for reliable, high-density power in Texas, one of the fastest-growing AI markets.
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The Human Rights Foundation (HRF) announced 1.3 billion Satoshis in grants from its Bitcoin Development Fund, supporting 22 projects that advance open-source Bitcoin development, mining decentralization, financial privacy, censorship-resistant tools, and grassroots education. These initiatives target the 5.9 billion people under authoritarian regimes, bolstering the bitcoin industry's role in empowering human rights defenders, journalists, and citizens with permissionless financial and communication options. Funding categories include Bitcoin protocol improvements, Lightning Network enhancements, decentralized mining solutions like Stratum V2 and Braidpool, privacy-focused apps such as Vexl and Validating Lightning Signer, and education efforts in Asia, Africa, and beyond. As HRF writes, these efforts help individuals "connect, organize, and achieve financial freedom in the face of repression," marking continued momentum in building tools for those resisting financial tyranny.
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The Trump administration has imposed a 25 per cent tariff on select advanced AI chips, including Nvidia's H200 and AMD's MI325X, that are imported into the US before being exported abroad, particularly to enable sales to China while capturing government revenue. This implements a prior deal allowing shipments of these processors to approved Chinese customers, reversing earlier export bans on cutting-edge AI hardware. The levies, enacted under a national security probe via Section 232 authority, exempt chips used to bolster domestic US AI infrastructure and manufacturing. Industry executives note the tariffs shield the arrangement from legal hurdles over direct export fees. Financial Times reports that the policy reflects President Trump's transactional approach to trade. “We’re going to be making 25 per cent on the sale of those chips, basically. So we’re allowing them to do it, but the United States is getting 25 per cent of the chips in terms of the dollar value. And I think it’s a very good deal,” Trump stated. Nvidia praised the move as striking a beneficial balance for America.
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David Shapiro, known for advocating post-labor economics, outlines four proactive strategies to thrive amid the impending AI-driven wave that will erode traditional wage labor. In a detailed article, he urges readers to rethink location by relocating to lower-cost, value-aligned areas with better lifestyles, as remote work norms from the COVID era enable moves away from expensive urban centers. He emphasizes building capital through disciplined saving and investments like dividend-yielding ETFs, arguing that ownership in assets provides resilience as jobs vanish. For those continuing to work, he highlights enduring opportunities in attention, experience, authenticity, and meaning economies, where human elements like trust and presence remain irreplaceable. Finally, he calls for discovering personal mission and purpose beyond employment, rejecting the Protestant work ethic's draw, in favor of pursuing passions that foster fulfillment. "If you mean empower humans by completely shattering the institution of wage slavery so that people can pursue their true passions and reach their personal highest potential, irrespective of economic utility then yes, I am all about empowering people," he concludes.
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