Bitdeer bought about 200 acres of land near Rockdale, Texas for $100 million, planning to use it for AI and high-performance computing infrastructure.
The bitcoin mining business keeps running, but the new capacity is clearly leaning more toward compute-power leasing.
Wow—mining companies’ shift to AI compute has been a collective move over the past two years; power supply and land are the only remaining moats.
With thinner marginal profits from mining, selling electricity to customers who pay higher is what makes the business logic work.
#比特币挖矿 #AI #Crypto market
The bitcoin mining business keeps running, but the new capacity is clearly leaning more toward compute-power leasing.
Wow—mining companies’ shift to AI compute has been a collective move over the past two years; power supply and land are the only remaining moats.
With thinner marginal profits from mining, selling electricity to customers who pay higher is what makes the business logic work.
#比特币挖矿 #AI #Crypto market