FTX-linked Bitcoin mining infrastructure now powers AI computing
- —CryptoBriefing: Bitcoin mining infrastructure formerly linked to FTX is now used for AI computing
- —No operator, location, capacity or deal terms disclosed — sale, lease or other arrangement
- —Reuse may involve data centers, power and cooling rather than repurposed mining ASICs
- —FTX collapsed in November 2022 and its assets are being sold in bankruptcy proceedings
Why it matters: Surging AI demand raises the value of power and data-center assets across crypto, including those sold off in bankruptcies.
Source: DiarioBitcoin