EPISODE · Jul 1, 2025 · 45 MIN
Inside Galaxy Digital’s $13 Billion CoreWeave AI Deal w/ Brian Wright
from The Mining Pod | Blockspace Media · host Blockspace Media
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 22:26 Who pays for retrofit? 25:57 Transition 28:04 Tenants 29:25 Dickens County 31:55 Employee incomes & training 35:01 Politics 36:19 Texas bill SB6 37:15 Interconnect queue 38:26 Fiber line infrastructure 40:02 Can other miners pivot to AI? 41:52 Ending curtailment due to AI 👉 Fractal Bitcoin, Reduces up to 50% of your pool fee. No new hardware, no extra energy. And it’s easy. FB rewards go straight to your existing Bitcoin wallet address. Over 50% of Bitcoin’s hashpower is already merge mining Fractal. Get more from the same resources — start on Fractal today! 👉 Luxor, Leaders In Bitcoin Mining and Compute Power! Get game-changing mining results with Luxor Firmware. Boost hashrate, cut energy costs, protect your hardware, and maximize mining profits with LuxOS. 👉 Colorado Air Filter, Leaders In Mining HVAC Solutions! Pick from 6 different filtration brands from MERV 8 pleats to HEPA filters. Get your mine in top shape before the heat and dust of this summer comes! Contact [email protected] Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! Learn more about your ad choices. Visit megaphone.fm/adchoices
What this episode covers
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 22:26 Who pays for retrofit? 25:57 Transition 28:04 Tenants 29:25 Dickens County 31:55 Employee incomes & training 35:01 Politics 36:19 Texas bill SB6 37:15 Interconnect queue 38:26 Fiber line infrastructure 40:02 Can other miners pivot to AI? 41:52 Ending curtailment due to AI 👉 Fractal Bitcoin, Reduces up to 50% of your pool fee. No new hardware, no extra energy. And it’s easy. FB rewards go straight to your existing Bitcoin wallet address. Over 50% of Bitcoin’s hashpower is already merge mining Fractal. Get more from the same resources — start on Fractal today! 👉 Luxor, Leaders In Bitcoin Mining and Compute Power! Get game-changing mining results with Luxor Firmware. Boost hashrate, cut energy costs, protect your hardware, and maximize mining profits with LuxOS. 👉 Colorado Air Filter, Leaders In Mining HVAC Solutions! Pick from 6 different filtration brands from MERV 8 pleats to HEPA filters. Get your mine in top shape before the heat and dust of this summer comes! Contact [email protected] Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! Learn more about your ad choices. Visit megaphone.fm/adchoices
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Inside Galaxy Digital’s $13 Billion CoreWeave AI Deal w/ Brian Wright
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