• CleanSpark is pivoting towards AI by buying 447 acres in Texas for a 300 MW knowledge middle, with plans to increase the ability to 600 MW for high-performance computing.
  • The corporate is scaling its infrastructure within the Houston area to a possible 890 MW, concentrating on AI-native clients who face constrained entry to transmission-level energy.
  • This shift mirrors a broader development as mining problem stays close to 146 trillion; business pioneer Bitfury just lately exited mining completely to launch a $1 billion fund targeted on AI and crypto.

Strain on Bitcoin miners has been rising as community problem stays excessive. As an illustration, CoinWarz knowledge cited in a current report exhibits Bitcoin problem peaked close to 156 trillion in November and was about 146 trillion at present.

Towards that backdrop, Bitcoin mining big CleanSpark stated it’s pushing additional into AI and high-performance computing knowledge facilities in Texas, framing the transfer as a technique to safe long-term, large-scale energy entry for compute workloads.

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CleanSpark Buys 447 Acres in Brazoria

The corporate stated Wednesday it signed a definitive settlement to purchase 447 acres in Brazoria County, Texas. CleanSpark plans a 300 megawatt knowledge middle designed for AI and HPC, with a possible growth to 600 MW.

CEO Matt Schultz stated demand for “AI-native” compute is accelerating whereas entry to transmission-level energy in strategically advantageous areas is more and more constrained.

The demand for scaled, AI-native compute continues to speed up, and entry to transmission-level energy in strategically advantageous areas has change into more and more constrained. This settlement underscores our capacity to supply and safe high-quality energy at scale whereas constructing regional density that’s extremely enticing to main AI and compute clients

Matt Schultz, CleanSpark’s Chief Govt Officer and Chairman.

CleanSpark stated the venture is its second strategic initiative within the higher Houston area after its Austin County improvement. The 2 areas collectively signify greater than 890 MW of potential utility capability, and the corporate stated it’s partaking with potential colocation and compute companions looking for scalable, long-term AI-focused campuses.

Many different Bitcoin mining giants are both ditching BTC mining fully for AI, or doing each, to keep away from losses related to BTC in present market situations. One good instance is Bitfury, which exited mining fully and turned as a substitute into an funding firm targeted on AI and crypto.

Learn extra: Analysts Say Stress-Testing Gold vs. Bitcoin Reveals a Clear Winner

The publish CleanSpark Buys Texas Land to Expand Beyond Bitcoin Into AI Compute appeared first on Crypto News Australia.