Private Equity Firms Eye Bitcoin Miners for AI Needs Amid Rising M&A Activity with CoreWeave's 200MW Deal

Satoshi Club@esatoshiclub

2 years ago

#Bitcoin miners are emerging as prime partners for building AI data centers due to their power supplies and operational capabilities. $BTC miners control 6 GW power access, set to expand to 12 GW by 2027, and are expected to pivot 20% of their capacity to AI by then.

Mario Nawfal’s Roundtable@RoundtableSpace

2 years ago

MINERS HACK THE AI REVOLUTION Bitcoin miners are turning their power into gold by serving up electricity to AI companies. Despite a 13.5% drop in BTC, miners' market value soared 32.5% by July 3. Smaller AI players aren't as picky, snapping up spare power from miners like Core… https://t.co/GaFH8EwWGY

Crypto Town Hall@Crypto_TownHall

2 years ago

TAPPING INTO AI, CRYPTO MINERS GET AN EDGE Bitcoin miners are leveraging their electricity reserves to serve AI companies, opening up new revenue streams. A JPMorgan report highlights that miners can allocate 3.6 gigawatts now, with 4.5 gigawatts more on the way. Core… https://t.co/oXIiCWwnjp