As of June 28, public Bitcoin miners are increasingly diversifying into artificial intelligence (AI) as their market cap exceeds $25 billion. This shift is driven by a need to survive a drop in revenue from traditional Bitcoin mining. Companies such as CoreWeave have made significant moves, including a $3.5 billion deal with Core Scientific to host AI hardware. The energy demand for AI is projected to surge to 9% of U.S. power by 2030. This pivot marks a significant crossover between the cryptocurrency and AI industries, creating new synergies and opportunities. As of July 2, the trend continues to reshape both sectors.
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β‘πΊπΈ The Crypto Miners Winning The AI Gold Rush - Dive into how Bitcoin miners are morphing into AI infrastructure giants to meet soaring AI demands. A unique crossover reshaping both industries with mind-blowing synergies! https://t.co/Cp5zH3MGve
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What's the most interesting thing you've learned about #Bitcoin recently?
HTX VENTURES HITS TWO CRUCIAL SECTORS WITH LATEST INVESTMENTS - Today saw @Ventures_HTX, the investment arm of the @HTX_Global exchange, announce two separate investments into projects building in some of the blockchain industryβs most critical sectors. (1) Bitcoin Restaking -β¦ https://t.co/IFZZaARIay
Crypto miners are pivoting to AI! π€ CoreWeave's $3.5B deal with Core Scientific to host AI hardware showcases the shift. Energy demand for AI might surge to 9% of U.S. power by 2030! π Is this the new gold rush for crypto miners? π #AI #CryptoMining
Ξ± RESEARCH π #Bitcoin miners diversify and consolidate to survive revenue drop via @andjelaradmilac Available exclusively via @AccessProtocol https://t.co/uqBiknAsc1
Why So Many Bitcoin Mining Companies Are Pivoting to AI. #ArtificialIntelligence https://t.co/JDtvSFbvca
ICYMI: Public #Bitcoin miners diversify into AI as market cap exceeds $25 billion Read the full article π https://t.co/Rj8UTLKFHg https://t.co/rq7KQ21l1l
Bitcoin miners are increasingly swapping out their mining equipment to jump on the AI gold rush https://t.co/bDAV0k98IH
INSIGHTS π Public #Bitcoin miners diversify into AI as market cap exceeds $25 billion via @jvs_btc https://t.co/zt08MAj465