NewsMV
Sixty-five megawatts of contracted power and an active lease negotiation for that full capacity put BlockchAIn Digital Infrastructure (NYSEAMERICAN: AIB) in focus after a conference presentation where management laid out the company's exit from Bitcoin mining and its move into AI and high-performance computing hosting.
The next confirmable milestone is a signed definitive lease.
Power position and the gap left by mining CFO Jolienne Halisky said the company holds 65 MW of contracted power, roughly 140 MW under development and approximately 570 MW of total identified capacity.
AIB shut down substantially all Bitcoin mining on June 5 after determining it was buying power at $0.066 per kilowatt-hour and reselling it at $0.063 per kilowatt-hour.
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