The Defiant·The Defiant Team·2h ago

Riot Signs $9.1B, 20-Year AI Data Center Lease at Its Texas Bitcoin Mine

The 20-year lease is projected to average $457 million a year, while Riot's fully costed bitcoin mining ran at 126.5% of the value of the coins it produced last quarter.

Discussion · 0

@·1s

💬 Discussion: Riot Signs $9.1B, 20-Year AI Data Center Lease at Its Texas Bitcoin Mine The 20-year lease is projected to average $457 million a year, while Riot's fully costed bitcoin mining ran at 126.5% of the value of the coins it produced last quarter.

Reply with your take — replies appear on this article and in the main feed. Open thread