
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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⚡🇺🇸 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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