CleanSpark declares business diversification into AI data centers

Bitcoin (BTC) mining firm CleanSpark has joined the industry's diversification trend by expanding into artificial intelligence (AI) and high-performance computing (HPC) data center businesses.

On the 20th (local time), according to CoinDesk, CleanSpark announced, "We will evolve from a pure Bitcoin-mining centered model into a company that builds AI data infrastructure," and said it had "appointed Jeffrey Thomas as Senior Vice President of the AI data center division."

Thomas is a veteran with more than 40 years of experience in the global technology industry, who has created over $12 billion in shareholder value across 19 companies. Recently, he led Humain's AI data center project in Saudi Arabia, driving partnerships with major tech companies and hyperscalers.

Alongside the appointment, CleanSpark said it is reviewing the development of a 'Giga Campus' to build AI and HPC infrastructure, designating the U.S. state of Georgia as a key expansion area. The company is pursuing new power supply agreements and real estate acquisitions in the College Park area, planning to provide large-scale computing infrastructure to meet rapidly increasing AI compute demand.

The company said, "A next-generation data center industry centered on AI and HPC is emerging as a new growth axis for the Bitcoin mining industry," and added, "We will combine power infrastructure and operational experience to enter the high-value-added computing market."