Not All Bitcoin Miners Will Host HPC/AI Data Centers: Here’s Why
Some of the largest Bitcoin ( BTC) miners in the world are using their infrastructure to host high-performance computing (HPC) data centers .
HPC computing data centers use energy to process large datasets and complex computations that are needed to train artificial intelligence (AI) models.
Core Scientific Inc. – one of the most established large-scale Bitcoin (BTC) miners in the United States – announced last month a 12-year partnership with CoreWeave to deliver approximately 70 megawatts ( MW) to host CoreWeave’s NVIDIA GPUs for HPC operations.
Other large-scale Bitcoin miners are taking similar steps. On June 14, Hut 8 Mining Corp signed an agreement with Canadian health authority Interior Health to provide colocation services from its Kelowna data center until 2028.
The Sydney-bas ed Bitcoin miner Iris Energy (IREN) will also build 510 MW of data centers this year .
Jamie McAvity, Energy Expert and CEO at Cormint Data Systems — a Bitcoin mining company based in Ft. Stockton, Texas – told Cryptonews that publicly traded North American Bitcoin miners generally have some infrastructure required to host HPC data centers.
“These miners have high voltage interconnection and the ability to fully power an electrical transmission system,” McAvity said. “Even though Bitcoin mining centers and HPC data centers are very different, there are some similarities to take note of.”
McAvity also remarked that recently, there has been a major shortage of the infrastructure needed for HPC data centers to conduct operations. This has particularly become the case in the U.S., where there is increasing demand for data centers that can train AI models.
McAvity pointed out that established Bitcoin miners who set up operations in the
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