Riot’s Bold New Venture: Bitcoin Miners Turn Data Wizards! 🚀

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What to know:

  • Riot Platforms has graciously summoned Jonathan Gibbs, the oracle of data centers, to spearhead their latest crusade—beyond just shoveling Bitcoin.
  • This chap has more than 15 years of globe-trotting experience, overseeing a billion here, billions there—just casual pocket change for him.
  • The swanky new plan? To dine on the rising demand for AI infrastructure—because who doesn’t want a slice of the robot pie?

Well, darling, Riot Platforms (ticker: RIOT—not quite what you’d call subtle, is it?) has snatched up industry veteran Jonathan Gibbs to lead its fashionable new non-bitcoin data extravaganza. One might say they’re diversifying their portfolio—think of it as a crypto miner taking up high society—except instead of champagne, it’s data centres! 🍸

Mr. Gibbs, a man of extensive and impressive cartography—designing and building over a gigawatt of data capacity across North America, Europe, and Asia—most recently dazzled as the EVP at Prime Data Centers, firms that clearly know how to keep the lights on (and the servers humming). Now, our hero is entrusted with launching Riot’s shiny new data platform aimed at those madly in search of colossal computing power—think cloud services and AI, darling, because apparently machines are the new after-dinner speak.

With a hefty 1.7 gigawatts already in the bank, Riot plans to “aggressively scale”—a phrase that signals ambition with a dash of Victorian swagger. Should they succeed, they’ll be rolling in the high-tech equivalent of velvet curtains, joining the illustrious club of former miners who’ve pivoted to the jaw-dropping world of AI and cloud infrastructure. Bravo! 🎩🕶️

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2025-06-02 20:03