TeraWulf’s gamble: converting power assets into AI compute at scale
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OpenAI’s compute financing gap makes a crypto token plausible
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MARA partners with Starwood to repurpose mining sites into AI data centers
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Big Tech’s AI Spending Supercharges Bitcoin Miners’ Pivot to Cloud and HPC
Aggressive AI procurement by Meta, Microsoft and other hyperscalers is expanding demand for dense compute beyond traditional data centers, creating a fast-growing commercial outlet for bitcoin miners that retooled sites for GPUs and HPC. Early megawatt-scale contracts (including a reported 300 MW deal) and visible company-level moves — set against a backdrop of falling bitcoin hashrate and ongoing chip and permitting constraints — validate the strategy but leave miners exposed to accelerator supply, local permitting, and power-delivery risks.
Meta commits 6 GW of AI compute to AMD in multi-year procurement
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NTT Global Data Centers to Scale Capacity to 4 GW, Targeting AI Demand
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Axelera AI secures $250M+ to scale power-efficient AI chips
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