Crypto
Bitcoin Miners Diversify into AI Compute with Riot's Anthropic Deal
Riot Platforms has signed a long-term data center lease agreement with Anthropic, allowing the Bitcoin miner to tap into the AI compute market.
The deal involves a 20-year lease for 191 megawatts of critical IT capacity at Riot's Rockdale campus, with total revenue potential reaching up to $16.1 billion if extension options are exercised.
This move is part of a larger trend among Bitcoin miners, who are diversifying their operations beyond block rewards and exploring alternative uses for their power assets.