Vulcan Infrastructure and Power — formerly Greenidge Generation — owns energized sites, including a New York State power plant that historically fed bitcoin mining. Following a 2026 recapitalization investment, the company changed its name and mission: acquiring, developing and operating energized sites for AI and high-performance computing data centers, while continuing to feed electricity into the local grid.
Vulcan sits in Layer 1 of the compute economy. An AI data center is not built where land is free, but where megawatts are already connected — and available energized sites have become the scarce asset of the cycle. Vulcan holds exactly that: generation capacity and existing grid connections, recycled from mining to AI.
This is a conversion bet: a small player sitting on grid-connected sites, at a moment when data center developers pay a premium for immediately available power. The tension is heavy: the transition out of mining is barely starting, no major AI DC contract has been demonstrated yet, and New York State just imposed a data center moratorium — Vulcan says it is unaffected, but the regulatory signal is adverse. A speculative file: track signed contracts, not the story.
Everything you need to know about NeonBridge and the compute economy.
Oil powered the 20th century. Compute powers the 21st. Every time an AI model runs or a Bitcoin block is mined, it takes energy, chips, data centers, and cloud infrastructure to make it happen. The companies building all of that form the compute economy. NeonBridge tracks 200+ of them across 7 categories.
Just like oil or electricity, compute is a raw resource that every industry needs. AI models can't train without GPU cycles. Bitcoin can't exist without hashrate. As demand grows, the companies that produce, store, and distribute compute become critical infrastructure. That makes compute the defining commodity of this century.
AI and Bitcoin are not two separate topics. They are two expressions of the same industrial revolution. AI transforms compute into intelligence. Bitcoin transforms compute into verifiable scarcity. Both need the same physical foundations: energy, chips, and data centers. That is why NeonBridge tracks them together, as one economy.
Most companies in the tracker are publicly listed stocks you can buy through any brokerage account. We highlight EU-friendly brokers like Trade Republic, Interactive Brokers, DEGIRO, and Scalable Capital to help you get started. No crypto wallet needed for the equity side.
Like any sector, compute infrastructure carries risk. Chip supply chains can be disrupted by geopolitics. Energy costs fluctuate. AI regulation is evolving fast. Bitcoin mining profitability depends on network difficulty and price cycles. Diversifying across the 7 categories of the compute economy helps reduce exposure to any single risk.
Global AI compute capacity doubles every 6-7 months, fueled by explosive AI adoption outpacing historical trends, with contributions from Bitcoin mining infrastructure repurposing and autonomous systems. Governments worldwide have committed hundreds of billions to chip manufacturing and power infrastructure. This reflects an enduring industrial shift comparable to electrification.
