Bitcoin $BTC miners are stepping up in a big way for #TruthSocialWithdrawsBitcoinETF . With power hard to get for new data centers, grid approvals can take 4+ years, these guys already have the sites, substations, and capacity ready.
Public miners control over 27GW of planned US power and have signed $90B+ in AI deals for about 3.7GW.
Firms like IREN, Riot, and Core Scientific are shifting from just mining (especially after the halving) to hosting AI workloads..
Makes sense, they built the infrastructure when others couldn't. Interesting pivot.