WEBVTT

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I think the thing that gives you the

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most flexibility is your power agreement and the

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access to power and maybe the ability to

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get the power to your property, your land

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or parcel.

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When you look on the actual physical site

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itself, the infrastructure is quite different.

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The components needed to run the tier two

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and tier three data centers that are running

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AI and HPC compute are very different than

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those that are running Bitcoin mining.

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Everything down to the cooling and the way

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you keep the computer from overheating and the

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advanced technologies that you'll use on the AI

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HPC computing. And that's why I don't think

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you're going to see this toggle on and

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off or switch back.

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I think companies like ourselves that are committed

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to putting the CapEx dollars into the infrastructure

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and the AI HPC are moving in that

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direction and are likely going to do that

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when they have their tenants secured.