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A new agreement has been signed, and it is poised to have major geopolitical ramifications as Saudi Arabia has seemingly dropped BRICS, inking a new deal with the US in 2025. Indeed, Riyadh has agreed to a “strategic economic partnership’ with the United States amid a visit from President Donald Trump on Tuesday. Both Trump and Crown Prince Mohammed Bin Salman have reached the landmark agreement that will increase cooperation in energy, mining, defense, and other ventures. Indeed, the memorandum was reached in what is the US president’s first major foreign trip since his return to the White House. JUST IN: President Trump officially signs 'strategic economic partnership' with Saudi Arabia. pic.twitter.com/7ppmsaEeLb — Watcher.Guru (@WatcherGuru) May 13, 2025 Also Read: BRICS or the US? Saudi Arabia May Have Chosen a Side Amid the Faceoff Saudi Arabia & US Reach New Deal Despite BRICS Standoff Since his return to the Oval Office, Donald Trump has not been shy about his...

Bitcoin mining lands another green energy data center as global powerhouse GDA sets up shop in Sweden. Sweden has welcomed a hydro-powered Bitcoin (BTC) mining data center.  Genesis Digital Assets Limited (GDA), a mining and data center company with over 400 MW of power generation worldwide has made a opened a new data center in Sweden, driven by the country's burgeoning renewable energy surplus. The new operation is located in the far North of Sweden, where hydroelectric power dominates the grid.  Abdumalik Mirakhmedov, executive president and fouder of GDA, told Cointelegraph that the new data center is located near the Porjus Hydroelectric Power Station: “Given the proximity to the hydroelectric power station, we expect all of our electricity consumption to be powered by renewable energy.” The total capacity of the data center is approximately 8 MW and is expected to result in a hash rate of approximately 155 PH/s (peta hashes per second). GDA explained to Cointelegraph tha...