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Home Cryptocurrency

Bitcoin Miners Shift to AI for New Revenue Streams

Bitcoin miners pivot to AI and high-performance computing, unlocking significant revenue potential by 2027.

by John Darbie
Mon, Aug 19, 2024 1:18am
in Cryptocurrency
• 2 mins read
14.8k
Bitcoin Miners Shift to AI for New Revenue Streams | FinOracle

Photo: Finoracle.net

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Bitcoin Miners Embrace Artificial Intelligence

In a groundbreaking shift, Bitcoin (BTC) miners are exploring new avenues for profit by integrating Artificial Intelligence (AI) and high-performance computing (HPC) into their operations. This trend is highlighted in recent research by VanEck, a prominent firm in digital assets research. According to Matthew Sigel, VanEck's head of digital assets research, this transition represents a strategic move towards arbitrage opportunities that could potentially yield a massive $38 billion in net present value by 2027.

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