NewsNovo
The deal is large enough to be taken seriously, but long enough to raise questions.
Bitdeer, the Bitcoin mining company, has signed a 16-year lease for 121 megawatts of AI computing capacity at a data center in Norway, at a total cost of $4.7 billion.
For a company whose core business is solving cryptographic puzzles for block rewards, this is a meaningful structural shift in what it is actually selling.
From hash rate to compute hours The mechanism here is not complicated. Bitdeer is buying access to power and space, then renting it back to clients who need AI workloads run.
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