Mining giants are doing some interesting moves this time. Riot Platforms spent $96 million to buy 200 acres of land in Rockdale, Texas, with an innovative payment method—directly selling 1,080 Bitcoins to complete the transaction. What does this indicate? It shows that these mining companies indeed hold Bitcoin, and at strategic expansion points, they prefer to exchange BTC for physical assets rather than holding onto it.
More importantly, the collaboration with AMD is key. The two signed a 10-year leasing agreement to deploy an initial 25MW of computing power. According to the plan, this system could be operational as early as January to May 2026, with a contract value of approximately $311 million. This suggests that the computing power race in the mining industry is still heating up—not only controlling the coin price but also competing in infrastructure and chip supply chains. Computing power is increasingly becoming a heavy asset business.
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MEVictim
· 8h ago
1080 BTC for land, this move is really ruthless. It shows that mining has evolved from pure coin speculation into an infrastructure race; whoever has a stable chip supply chain will win.
AMD's decade-long partnership is clearly a chess move. The hash war has just begun, and it will get even crazier.
I understand Riot's approach—holding BTC is not as good as owning real estate. It seems major companies are making long-term plans and are no longer all-in on coins.
A contract worth 3.11 billion yuan—this level of investment is truly outrageous. Mining is now a heavy asset game, and retail investors can't afford to play anymore.
Spending 1080 BTC on land—such decisiveness... Those with mining assets really have some backbone.
The ten-year agreement with AMD feels like the entire mining ecosystem is being reshuffled, with bargaining power shifting to hardware manufacturers.
This really shows that mining is no longer just "using computers to mine coins," but a pure industry competition.
Honestly, I’m a bit envious that they can casually exchange BTC for assets. We don’t even have the qualification to look at land prices with our coins.
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StakeHouseDirector
· 8h ago
1080 BTC directly invested in land, these major mining companies really have both coins and influence.
Exactly, the hash rate competition is now a money-burning game, AMD's recent partnership is solid.
A ten-year agreement, investing 311 million, this is true all-in.
Big firms are all bottom-fishing in physical assets, the crypto world has really become financial.
But to be fair, who doesn't hold a few thousand bitcoins? Mining is essentially a printing press.
That's why small retail investors can't play; they directly use coins to buy land.
As the hash rate battle heats up, it all depends on who has the deepest capital chain.
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DefiOldTrickster
· 8h ago
Wow, now that's understanding arbitrage. Trading 1080 Bitcoins for land? I did the same during my forced liquidation in the bear market, but back then it was out of necessity. Now, people are proactively using BTC to exchange for physical assets, which clearly shows they've seen through it—cryptocurrencies can appreciate, but the appreciation must be supported by computing power. Otherwise, it's all virtual.
AMD's latest partnership is even more aggressive, 311 million over 10 years. This is true reinvestment thinking. When I used leverage to boost returns before, I understood one thing: short-term focus on coin prices, long-term focus on infrastructure. These mining companies are now laying out this game plan; computing power is their annualized return rate.
But on the other hand, this kind of heavy asset game isn't without risks. If the coin price crashes, the costs of land and chips will have to be amortized to death. I've seen too many stories like this.
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BtcDailyResearcher
· 8h ago
1080 Bitcoin for land, this guy is really willing to spend, indicating he has so many coins that he can afford to splurge like this.
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AMD ten-year agreement, investing 311 million, is this still mining? This is more like infrastructure investment.
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The computing power arms race is heating up, small miners are really going to be unable to survive.
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The problem is that it won't be operational until 2026. What if the coin price crashes by then? This bet is quite risky.
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Selling coins to buy land indicates that Bitcoin is already considered a "spendable" asset in their eyes, and this signal is quite clear.
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Starting at 25MW, this scale shows that the industry as a whole is increasing leverage; the computing power race has become a money-burning game.
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Riot's move is basically telling the market: we don't lack coins, we're building an empire.
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TokenVelocity
· 8h ago
1080 BTC just like that was thrown out, are these big companies really playing chess?
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AMD ten-year contract? The mining industry is really turning into a heavy asset game.
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Using coins directly to buy land, now that's active asset utilization, better than just hoarding.
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A contract worth 311 million... the arms race for computing power is heating up.
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Wait, isn't this saying that the mining industry has shifted from a financial attribute to an industrial one?
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Riot's move is a bit aggressive. What does paying with BTC indicate? It shows they really aren't short of coins.
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A ten-year AMD contract lock-in, it seems the big players have long seen through the long-term benefits.
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Throwing 1080 Bitcoins just for land... how is this calculation made?
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Heavy asset businesses mean it’s becoming harder for newcomers to enter; the industry is consolidating.
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It won't be operational until 2026, and who knows what the coin price will be then.
Mining giants are doing some interesting moves this time. Riot Platforms spent $96 million to buy 200 acres of land in Rockdale, Texas, with an innovative payment method—directly selling 1,080 Bitcoins to complete the transaction. What does this indicate? It shows that these mining companies indeed hold Bitcoin, and at strategic expansion points, they prefer to exchange BTC for physical assets rather than holding onto it.
More importantly, the collaboration with AMD is key. The two signed a 10-year leasing agreement to deploy an initial 25MW of computing power. According to the plan, this system could be operational as early as January to May 2026, with a contract value of approximately $311 million. This suggests that the computing power race in the mining industry is still heating up—not only controlling the coin price but also competing in infrastructure and chip supply chains. Computing power is increasingly becoming a heavy asset business.