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SMFG tightens data center financing, focuses on strong credit hyperscalers

By Estefano Gomez

SMFG's focus on creditworthy hyperscalers may increase financial strain on smaller data center operators, potentially leading to market shifts. The post SMFG tightens data center financing, focuses on strong credit hyperscalers appeared first on Crypto Briefing.

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Data centre

A facility that houses large numbers of servers and networking equipment to store and process data.

Data centres use large amounts of electricity and water, which makes their location a local and climate issue.

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A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

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