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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
Only 1 day left! Your favorite creator is one vote away from TOP 10. Interact on Square to earn Votes—boost them and enter the prize draw. Prizes: iPhone 16 Pro Max, Golden Bull sculpture, Futures Vouchers!
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Post your - 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
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🎁 4 winners split $100 Futures Voucher! - 💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
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#TopContentChallenge# Bitcoin Miner Signs $3.7 Billion AI Deal with Google
The Bitcoin miner has closed a $3.7 billion deal to build its AI data center. Google will provide $1.8 billion in support in exchange for a roughly 8% ownership.
Over the next decade, the company will bring more than 200 MW of capacity online at its New York data center. If this deal goes well, it could expand to an $8.7 billion partnership.
Bitcoin Miner Shifts to AI
Primarily a Bitcoin miner, the company is a Bitcoin miner, but profit margins in this sector are strained by 2025. Increasing mining difficulties led the company to consider diversifying into AI last year and it recently closed a major deal.
The Bitcoin miner is leasing some infrastructure from its AI cloud platform, and Google is playing a key role:
According to the published terms of this agreement, the bitcoin miner will provide 200 MW of IT load to the AI company over ten years. This will help the bitcoin miner develop its AI computing capabilities and translates to approximately $3.7 billion in contracted revenue.
However, there are also provisions that could expand the partnership to an $8.7 billion commitment.
However, Google will help ensure this deal goes smoothly and could potentially benefit the entire US AI market.
In short, this agreement could offer a blueprint for how businesses can transition from Bitcoin mining to full AI.