Episode Details
| Title | Why Bitcoin Miners Are Pivoting To AI Data Centers | Josh Solesbury |
|---|---|
| Date | 11/11/2024 |
| Podcast | On The Margin ↗ |
Key Insights
Bullish:
- 🟢 $AIHPC - AI/HPC compute offers a superior business profile compared to Bitcoin mining, with longer contracts and more stable counterparties, making it an attractive investment opportunity.
- “HPC just flat out, like, HPC AI compute represents a materially better, business profile. Your contracts are, like, 10 to 15 years, so the revenue visibility is is strong. Your counterparties are much less volatile than the Bitcoin network.” - Josh (56:34)
- 🟢 $DATACENTERS - 🔒
- 🟢 $CORZ - 🔒
- 🟢 $INFRA - 🔒
- 🟢 $COREWEAVE - 🔒
Bearish:
- 🔻 $BTCMINERS - 🔒