Alex Thorn on why Bitcoin miners are turning into AI data centers
The per dollar revenue from compute is substantially higher than from Bitcoin mining, so miners are converting to AI data centers. Alex’s own firm has become a data center company rather than a miner. Meanwhile Bitcoin hash rate is down substantially from the top, with one of the ten biggest downward difficulty adjustments in history happening last week.
#Bitcoin #BitcoinMining #AI #DataCenters #Crypto
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