TechFlow reports on January 21, according to Matthew Sigel, Director of Digital Asset Research at VanEck, bitcoin mining company RIOT announced the suspension of its expansion plan for a 600 MW bitcoin mining facility in Corsicana—the largest such facility globally—and is accelerating discussions with potential partners in the artificial intelligence/high-performance computing (AI/HPC) sector. The company expects to reduce its capital expenditures by $245 million in 2025.





