# August 11: Bitcoin Miners Are Becoming AI Companies, but How Long Will It Last? Page: https://stenobird.com/podcast/daily-crypto-news-6024634/august-11-bitcoin-miners-are-becoming-ai-companies-but-how-long-will-it-last Text version: https://stenobird.com/podcast/daily-crypto-news-6024634/august-11-bitcoin-miners-are-becoming-ai-companies-but-how-long-will-it-last.md Podcast: [Daily Crypto News](https://stenobird.com/podcast/daily-crypto-news-6024634) Published: 2026-08-11T12:32:37+00:00 Episode link: https://shows.acast.com/today-in-web-3/episodes/6a7b16651549db32d421f63d Audio file: https://sphinx.acast.com/p/open/s/63e26a946b77a10011ea5094/e/6a7b16651549db32d421f63d/media.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/daily-crypto-news-6024634/episodes/august-11-bitcoin-miners-are-becoming-ai-companies-but-how-long-will-it-last Duration seconds: 786 ## Resource Riot Platforms is making a major shift toward AI infrastructure after signing a  20-year, $9.1 billion agreement with Anthropic  covering 191 megawatts at its Rockdale, Texas campus, with expansion options that could dramatically increase the contract's value. Matt explains why this is a smart way for Bitcoin miners to monetize existing power and data-center infrastructure during weaker mining conditions, while remaining skeptical that today's AI compute requirements will still look the same two decades from now.  The episode also covers Trump Media's  $238 million second-quarter loss , the SEC preparing its first major crypto rulemaking effort under Paul Atkins, the ongoing political fight over how Democrats approach crypto regulation, and FlightAware suing Kalshi over the use of its flight data in prediction markets. Matt also revisits Strategy's increasingly complex Bitcoin treasury model and closes by arguing that AI infrastructure will likely become far more efficient as models, chips, and software continue improving.  Happy Hodling, Everyone. Hosted on Acast. See acast.com/privacy for more information. ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/daily-crypto-news-6024634/episodes/august-11-bitcoin-miners-are-becoming-ai-companies-but-how-long-will-it-last/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/daily-crypto-news-6024634/august-11-bitcoin-miners-are-becoming-ai-companies-but-how-long-will-it-last.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.