2026-01-19 16:31:24

The mining landscape is quietly changing. A Bitcoin mining company recently made a big move — selling a 70 MW mining farm located in Paso Pucú, Paraguay, to Sympatheia Power Fund for $9 million in cash. The deal is expected to close in the first quarter of 2026, with additional milestone payments of up to $21 million to follow.

This is not just an ordinary asset transfer. The sale marks the company's official exit from the Latin American market, shifting all its chips to North America. Why? Because the company wants to focus on higher-return sectors — high-performance computing and artificial intelligence infrastructure.

Shifting from pure Bitcoin mining to AI infrastructure is an increasingly common trend in the industry. After all, current computing resources are no longer just used for mining; new demands like AI training and data centers are capturing an ever-growing market share. Mining companies are rethinking their positions, and this move is the most direct proof.

BTC-2,26%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

7 Likes

Reward
7
5
Repost
Share

Comment

0/400

LiquidityWitch

· 13h ago

Mining companies are really playing big; BTC mining is already out of fashion, and now everyone wants to jump on the AI hype. --- Another shift to investing in AI; it feels like no one can avoid this wave. --- Is the North American market really that attractive? Latin America says just throw it in... Well, the returns might indeed be different. --- Reconfiguring computing power—this is true industry upgrading. --- Wait, a deal worth over $30 million—are AI infrastructure investments really that profitable? --- The quick turnaround in the mining industry was a bit shocking; it feels like betting that AI will stay hot for the long term. --- Isn't electricity in Latin America cheap? Why are they pulling out... there must be reasons we don't know. --- BTC mining has fallen into a red sea; now everyone is fighting for a piece of the AI computing power cake.

View OriginalReply0

FalseProfitProphet

· 16h ago

Another mining company is going to play with AI, it cracks me up. Now it's really all in on AI. The AI sector is indeed attractive, but it feels a bit like jumping on the bandwagon. Is the Latin American market being abandoned like this? That's a bit of a pity. Selling the mine like this, aren't you afraid of regret later? Are the sellers rushing because they've truly seen through it... Everyone is shifting to AI, so who will mine Bitcoin in the future? Does that mean no one wants BTC anymore? This deal won't be finalized until 2026, but how much can the market change in over two years? North America definitely has more resources, but this bet is a bit risky. While everyone is chasing AI, I actually want to go all in on mining.

View OriginalReply0

GasFeeCrybaby

· 16h ago

Selling mining farms to bet on AI? Sure, this trend is definitely the way forward, but it does feel a bit like gambling. --- The Bitcoin mining dividends are exhausted, switching to a new track is normal, but spending 9 million feels a bit like a loss? --- Another mining company trying to turn around with AI. It seems these days you can't even leave the house without a GPU. --- North American policies are indeed friendly, but this deal won't be confirmed until 2026? That's a bit of a wait. --- Mining companies are shifting towards AI infrastructure. What does that mean? It indicates that Bitcoin mining has already become a sunset industry. --- Looking at this trend, traditional mining is really going to decline. Redirecting computing power to AI training is a certainty. --- Milestone payments up to 21 million. The backup design is quite interesting, a safeguard against pitfalls. --- Leaving Latin America for this game is also quite interesting. The policy risks for overseas mining farms are indeed significant.

View OriginalReply0

SchrodingersFOMO

· 16h ago

Selling mining farms to shift to AI? Are mining companies getting desperate... BTC mining is no longer attractive, everyone wants to jump on the AI hype, and they'll regret it sooner or later. Again, it's the North American-centric approach, is Latin America just going to give up that juicy piece? Honestly, it's just following the trend. Can they really make money?

View OriginalReply0

OnChainArchaeologist

· 16h ago

Selling mining farms to develop AI infrastructure—this move is quite interesting. Is North America really that attractive? Has Latin America completely given up on it? The battle for computing power has just begun; the real show is still ahead. It seems that those who focus solely on mining are really starting to sit on the edge.

View OriginalReply0