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CoinShares: Bitcoin miners may turn their attention to AI after halving

CoinShares: Bitcoin miners may turn their attention to AI after halving

CointimeCointime2024/04/22 08:16
By:Cointime

CoinShares (CS) stated in a report on Friday that after the Bitcoin halving, cryptocurrency miners may turn to artificial intelligence in energy secure areas due to potential higher income. Coinshares pointed out that mining companies such as BitDigital (BTBT), Hive (HIVE), and Hut 8 (HUT) have already gained revenue from artificial intelligence. Meanwhile, TeraWulf (WULF) and Core Scientific (CORZ) have either had artificial intelligence businesses or plan to develop in this field.

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