Skip to content
The Defiant

Riot Signs $28 Billion AI Lease for Entire Corsicana Campus

By The Defiant Team

The miner has sold 20,264 BTC this year to help fund data centers, while mining still supplied about 64% of third-quarter revenue.

Read Original Article

Explained in this story

Artificial intelligence

Computer systems that perform tasks that normally require human intelligence, such as understanding language, recognising images or making decisions.

AI is changing work, media and public services, raising questions about jobs, safety and regulation.

More about Artificial intelligence
Data centre

A facility that houses large numbers of servers and networking equipment to store and process data.

Data centres use large amounts of electricity and water, which makes their location a local and climate issue.

More about Data centre
Revenue

The total money a company earns from selling goods or services before any costs are subtracted.

Revenue growth shows demand for a company's products; profit shows whether it earns money from them.

More about Revenue

From the blog