In the bustling metropolis of Las Vegas, a certain Bitcoin mining concern, CleanSpark, hath resolved to broaden its horizons, venturing forth into the realm of artificial intelligence data centres and suchlike infrastructure. One might imagine the audacity of a man who, having mastered the art of brewing tea, suddenly declares himself a connoisseur of wine. 🍷
According to a missive dated the 20th of October, the firm doth propose to leverage its experience in establishing Bitcoin mines to swiftly construct these new AI edifices. A most prudent strategy, one might say, though the notion of a Bitcoin miner becoming an architect of AI seems as plausible as a parson moonlighting as a pirate. 🏴☠️
– CleanSpark Inc. (@CleanSpark_Inc) October 20, 2025
Expanding into AI
CleanSpark, in its infinite wisdom, hath appointed Jeffrey Thomas as Senior Vice President of AI Data Centres. Mr. Thomas, we are told, hath previously orchestrated the Kingdom of Saudi Arabia’s multi-billion-pound AI data centre programme. A feat that would make even the most seasoned courtier envious. 🏰
Mr. Scott Garrison, Chief Development Officer, declared in a statement that the company had “recently contracted for additional power and real estate in College Park to deliver high-value compute to the greater Atlanta metro area.” A most ambitious undertaking, though one wonders if the residents of College Park are prepared for such an influx of “high-value compute.” 🤯
Bitcoin Miners Flash Recovery Signal
CleanSpark’s grand expansion coincideth with a tumultuous period in the cryptocurrency markets. After scaling heights of $125,000 in early October, Bitcoin hath since retreated to $105,000, much like a gentleman who loses his fortune at cards and returns home in a huff. 🎩
Yet, despite this financial tempest, the miners appear to be recovering with the tenacity of a cat that hath fallen into a river. Per data from Companiesmarketcap, nearly every Bitcoin mining firm in the top 20 by market cap is exhibiting signs of recovery. A most heartening sight, though one suspects the market’s volatility is as fickle as a lady’s affections. 💔
Nearly every major mining firm is bucking broader crypto market trends | Source: Companiesmarketcap
The top five Bitcoin mining firms by cap-IREN, Riot, Cipher, Marathon, and CleanSpark-are up an average of 9.72% in the past 24 hours, with CleanSpark leaping nearly 14%. A performance that would make even the most jaded investor raise an eyebrow. 👀
The market for AI data centres, however, is said to be growing at an exponential rate. Though dominated by titans such as Nvidia and Microsoft, there remains a demand for more entrants to the space. One might compare it to a ballroom where the most celebrated dancers have monopolised the floor, yet the audience clamours for more performers. 🕺
Analysts at Gartner predict global AI expenditure will reach $2 trillion by 2026, driven by investments in data centres. A sum so vast it would make Mr. Darcy’s £10,000 a year seem paltry indeed. 💰
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2025-10-20 20:27