Bitcoin miner Riot Platforms signs a 20-year contract to supply 191 megawatts of data center capacity to AI giant Anthropic, potentially generating up to $16.1 billion in total revenue. From mining rigs to AI racksThe contract, confirmed through Bloomberg reporting, will see Riot repurpose its existing Rockdale infrastructure to serve Anthropic’s growing appetite for compute power. The two five-year extension options baked into the contract suggest both parties expect demand for AI compute to persist well into the 2050s. The broader miner-to-AI pipelineRiot isn’t the only Bitcoin miner eyeing the AI opportunity. The thesis is simple: Bitcoin mining revenue fluctuates with Bitcoin’s price and the halving cycle, which cuts miner rewards roughly every four years.