This article comes from Theminermag, an industry publication for cryptocurrency mining that focuses on the latest news and research from institutional Bitcoin mining companies. Gibbs, a veteran with more than 15 years of experience designing and developing large-scale data centers, will lead Riot's new data center platform designed to serve hyperscale and enterprise customers, according to Riot's announcement on Monday. Riot's recent move highlights the growing trend in the Bitcoin mining industry as the company looks to diversify beyond mining in search of a more stable revenue stream related to data center services. Earlier this year, Riot announced that it would pause the expansion of its Bitcoin mining hashrate in Colsicana, Texas, and retain 600 megawatts of capacity at the location for potential HPC opportunities. "The creation of this new data center platform furthers Riot's strategy to maximize the value of its assets by expanding into Bitcoin-agnostic data centers," said CEO Jason Les. Gibbs has more than 1 GW of data center project management experience across North America, Europe and Asia, with a total investment of more than $17 billion. Prior to joining Riot, he served as Executive Vice President of Product Delivery at Prime Data Centers, where he was responsible for the design and construction of data centers in the United States. Riot's foray into the data center market comes as several major Bitcoin miners are turning to high-performance computing (HPC) and artificial intelligence (AI) hosting to diversify revenue streams and capitalize on the boom in digital infrastructure. Bitfarms recently hired data center industry veteran James Bond to lead its HPC project, while Bit Digital and HIVE Digital formed separate subsidiaries focused on high-performance computing. Applied Digital, which already operates data centers for Bitcoin mining, saw its stock rise sharply after announcing a massive lease agreement with AI supercomputing company CoreWeave. The original article can be viewed here.