Bitcoin miners have $100B in AI deals but little revenue so far

On October 12, Blockspace disclosed that IREN sealed a multi-year cloud contract with Anthropic . However, both organizations have refused to make a confirmation. The more serious issue to consider would be if Bitcoin miners can make a profit from AI contracts. Blockspace, citing the report from The Information, noted that there was a deal but did not provide any further information regarding its value, capacity, and timeline for delivery. In an announcement on August 27, IREN said that a new customer described as a leading AI lab had signed up with them but did not provide any specific name.