Bitcoin miners are ditching hashpower for hyperscale as multibillion-dollar artificial intelligence (AI) contracts outpay mining by a wide margin, forcing a rethink of the industry that secures the world’s largest cryptocurrency. Bitcoin Mining Economics Struggle as AI Offers Higher Returns Per Megawatt What started as a side hustle has turned into a full-blown identity crisis […]
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Bitcoin miners spent years racing to secure cheap electricity, and that electricity has since become more valuable than the Bitcoin mining business built on it.That inversion drives Fidelity's...
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