LM Funding America, Inc.
(NASDAQ:LMFA) announced Tuesday it is expanding into high-performance computing and AI infrastructure with the purchase of its first AI GPU server hardware for deployment at its Oklahoma facility.
The Bitcoin treasury and mining company said it is also marketing available power capacity at its Oklahoma and Mississippi facilities to qualified AI co-location and power hosting customers.
AI Infrastructure Expansion LM Funding reports 26 megawatts of wholly owned operational power infrastructure, with average power costs of approximately $0.046 per kilowatt-hour.
Currently, 22 megawatts support Bitcoin mining, but all or part of this capacity can be redirected to AI-HPC deployment.
