Bitcoin (BTC) Miner uprising platforms appointed three new directors as its board of directors as it explores potential artificial intelligence (AI) and Computing High-Performance (HPC).
The additions include Michael Turner, former President of Oxford Properties and Global Chief of Real Estate in Omers, one of Canada’s largest pension funds with Jaime Leverton, EX-CEO for HUT 8 Mining (HUT) and Doug Mouton, a data center development veteran from Microsoft And meta, the company said in a release Thursday.
The appointments come as Riot considers the recycling of its mining infrastructure, especially its Corsicana plant in Texas, to AI workload, and has tapped investment banks Evercore and Northland Capital Markets to help with this transition.
Riot’s Move follows a wider industry’s trend as miners are seeking new revenue flows in the midst of rising energy costs and lower mining rewards after the recent Bitcoin half.
Coindesk reported in October that Core Scientific (Corz), one of Riot’s rivals, has built AI-focused infrastructure since 2019.