đ Riot Platformsâ Power Move: $1B Deal & AMD Partnership!
Mining giant Riot Platforms is leveling up by bridging BTC mining with AI infrastructure. Here are the key highlights of the massive deal:
đč Land for Bitcoin: The company sold 1080 BTC to acquire a strategic land plot with ready-to-use data center infrastructure. Riot is converting crypto assets into hard power for scaling.
đč AMD Partnership: Riot has teamed up with tech titan AMD. The plan involves leasing and launching a data center designed to handle high-performance computing (HPC) needs.
đč The $1 Billion Scale: The total contract value is projected to reach a staggering $1 billion.
Riot is sending a clear message: they are no longer just miners. This is a full-scale transformation into a major player in AI and computing infrastructure.
đ Do you think this "mining to AI" pivot will become the main trend for miners post-halving?
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