Bitcoin Miner Ditches Site for AI Deal Worth Up to $1.2B

TREE NEWS update: A Bitcoin miner has abandoned its mining site to pursue an AI deal that could generate over $1.2 billion in projected revenue, the company said. The revenue estimate depends on two contract extensions, with an option for additional computing capacity potentially pushing the total above $3 billion. The move underscores the growing trend of miners pivoting to AI infrastructure.