Crypto miner Marathon is not looking to buy any assets from bankrupt hosting provider Compute North, after considering a bid for a stake in the 280-megawatt wind power facility in Texas where it runs a large portion of its machines.

Compute North agreed to sell its share of the partnership to US Data King Mountain in an auction on Nov. 15, according to an order approving the sale filed in bankruptcy court. That company is a subsidiary of data center developer US Bitcoin Corp, Thiel said.

"We're not interested in buying any of their sites and those have all been sold at this point, I think," Thiel said. "And other than that, I don't think there are a whole lot of assets that are worth looking at from our side."

That's not to say that the company would never consider buying up any distressed assets, according to Thiel. "If the right opportunities arise we're obviously going to look at things," he said.