A major Bitcoin mining operator just sealed a landmark deal with one of the world's largest tech firms—a whopping $7 billion agreement spanning 15 years. The arrangement grants access to 245 megawatts of data center capacity, with the flexibility to scale up to 1,000 megawatts down the line. This kind of institutional infrastructure commitment signals serious long-term confidence in mining operations. The sheer capital involved and the extended timeframe suggest both parties are banking on sustained demand for computational resources in the space.
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SchrödingersNode
· 12-17 16:56
15 years, 7 billion, this is betting on Bitcoin never ending
Institutions are really going all in, I think it's feasible
Big tech companies entering mining, it shows that everyone who understands knows
1,000 megawatts covered, that will take until the Year of the Monkey to mine
Mining is moving towards a formal army, do retail investors still have a way out?
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Degen4Breakfast
· 12-17 16:41
700 million to cover 15 years of electricity. How much does Bitcoin need to rise to break even? I don't understand.
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RektRecorder
· 12-17 16:39
70 billion USD invested, these two guys really aren't afraid of a crash
Institutional entry is just different, looking forward to seeing how they play it next
15-year contract... they must be very confident, I've even taken off my pants
The computing power arms race has escalated, ordinary miners need to buy the dip and join in
With this scale... traditional finance must be getting anxious
A major Bitcoin mining operator just sealed a landmark deal with one of the world's largest tech firms—a whopping $7 billion agreement spanning 15 years. The arrangement grants access to 245 megawatts of data center capacity, with the flexibility to scale up to 1,000 megawatts down the line. This kind of institutional infrastructure commitment signals serious long-term confidence in mining operations. The sheer capital involved and the extended timeframe suggest both parties are banking on sustained demand for computational resources in the space.