Trump-Backed Miner's President Joins AI Power Firm Giga Energy
The president of American Bitcoin, a mining company backed by Eric Trump, has left his position to join Giga Energy, a firm specializing in power infrastructure for data centers. Matt Prusak's departure signals a growing trend among energy-sector veterans that AI demand is the more durable long-term bet.
Prusak's skills in load balancing, thermal management, and energy procurement are nearly identical to what AI hosting requires. His move to Giga Energy reflects the overlap between crypto's energy-intensive operations and the rise of decentralized computing platforms for AI workloads.
The mining industry is quietly retooling for AI workloads, with several large publicly traded miners converting a portion of their capacity to high-performance computing hosting. This trend has turned mining into a hybrid business, where the asset is no longer just the coin but the physical infrastructure itself.