Power‑Play: How a Bitcoin Miner Is Turning Into an AI Superpower

Bitzero Holdings, a company that once used Bitcoin mining profits to buy cheap electricity in Norway, Finland and the U. S. , is now betting on a huge AI data‑center boom that could cost the world nearly $7 trillion by 2030. Instead of chasing more crypto, Bitzero is locking in a long‑term lease with OneQode Networks for its 110 MW Namsskogan site in Norway. The deal, worth about $2. 6 billion over 15 years, lets the firm lease power to AI workloads while still running its own mining operations.This move shows that energy access is becoming the most valuable asset for tech growth, just as AI companies struggle with transformer shortages and grid delays. Investors are shifting focus from hash‑rate growth to reliable power supply, backing firms that can turn mining sites into AI compute hubs. With the global data‑center market expected to double by 2030, Bitzero’s early partnership positions it ahead of competitors who still face years‑long grid connection wait times.