Instead of just providing the electricity and services needed or crypto mining data centers, energy companies are increasingly starting to mine for Bitcoins themselves. Thanks to the economies of scale they achieve by eschewing third-party operators, they can go up to the 90% margins enjoyed by Bitcoin miners in the crypto heyday of 2021.
https://www.notebookcheck.net/As-Bitcoin-mining-becomes-less-profitable-energy-companies-spot-opportunity.609272.0.html