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

Bitzero Holdings, once known for buying cheap electricity in Norway, Finland and the U.S. to power Bitcoin mining, is now pivoting toward a massive AI data‑center opportunity that could cost the world nearly $7 trillion by 2030.

Instead of chasing more crypto, Bitzero has locked 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 underscores that energy access is becoming the most valuable asset for tech growth, as AI companies battle transformer shortages and grid delays. Investors are shifting focus from hash‑rate growth to reliable power supply, backing firms that can convert 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 still grappling with years‑long grid connection wait times.