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2 articles on this topic, newest first.

Bitcoin Mining Sites Are Becoming AI Data Centers
The most valuable land in the AI era may not be prime real estate but land already wired for power. What Bitcoin miners really owned was never the rigs, it was the grid connection.

The AI Asset That Outlasts the GPU May Be the Power Line
Capital markets are starting to judge AI infrastructure less by how many chips a company bought and more by how many megawatts it can actually keep energized.
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