WEBVTT

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Certainly so we've got four sites right now

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operating online about 50 megawatts of power and

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capacity that we're currently utilizing

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all four sites are in the TVA the

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Tennessee Valley Authority power market primarily in southern

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Kentucky and Tennessee as well the the sites

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today are being used for bitcoin mining we

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we're not doing self-mining we've transitioned to

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a hosted model for third parties.

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Bitdeer is one of our large clients and

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customers in our sites right now and so

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that model is to kind of bridge the

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gap as we work on this transformation and

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kind of move into the AI/HPC and we've

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got flexibility in those agreements so that when

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we have to start doing site work that

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may impact where the bitcoin mining is and

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we start bringing kind of the modular pods

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or prefab options to do the AI/HPC we'll

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be able to kind of turn off and

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transition those sites over.

