H4shr8 Crypto Mining Podcast

Inside Galaxy Digital’s $13 Billion CoreWeave AI Deal w/ Brian Wright

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FILL OUT THE SURVEY BY CLICKING HERE Welcome back to The Mining Pod! Today, Brian Wright, co-head of mining data centers at Galaxy Digital joins us to talk about their massive pivot from bitcoin mining to HPC at the Helios facility. We dive into the company’s CoreWeave partnership, scaling from 200MW to a potential 2.5GW, Texas grid dynamics, and transforming rural Dickens County's economy through data center development. Subscribe to our newsletter!  **Notes:** • 393MW Core Weave deal worth $900M annually • $11-13M per MW retrofit costs vs bitcoin mining • 2.5GW potential campus capacity planned • 800MW currently approved by Ercot • 80% loan-to-cost financing structure • 15-year guaranteed lease agreement signed Timestamps: 00:00 Start 01:48 Core Scientific & Coreweave 03:45 Potential Coreweave acquisitions 05:29 Helios pivot to AI 11:52 Site conversion plans 13:29 What's unique about Helios? 15:51 Fractal Bitcoin 17:35 AI accelerating building? 18:39 Financing 20:26 AI vs mining