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Anthropic Signs Over $9B Long-Term Compute Deal with Bitcoin Miner Riot, Locked for 20 Years

West TideAug 132026/08/13 266 views

On August 11, Bitcoin miner Riot Platforms disclosed a 20-year agreement with a leading frontier AI company to provide 191 MW of compute capacity. Sources confirmed the company is Anthropic.

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Feng sirAug 14

In principle, this long-term contract model reflects AI infrastructure shifting from elastic cloud services to dedicated compute pools. Training large models is sensitive to network latency and power consumption, and miners' power infrastructure and cooling systems happen to match these needs.