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A proposed artificial intelligence colocation agreement valued at more than $1 billion would end $BTC mining operations at a Michigan campus, according to Tech Times.
The deal would repurpose the site for AI computing infrastructure, converting what had been a proof-of-work mining facility into data-center capacity serving artificial intelligence workloads.
What the Deal Would Mean for the Site The arrangement, if completed, would mark a full exit from Bitcoin mining at the Michigan location.
Colocation agreements of this kind typically involve a landlord or power-site owner leasing computing space and electrical capacity to a tenant — in this case, an AI-focused operator — rather than running the mining hardware itself.
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