CoinShares: Bitcoin miners may turn their attention to AI after halving
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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Vitalik Buterin Proposes Ethereum Ecosystem Alignment Concept
Analytics Firm Reveals 3 Cryptocurrencies Whose Mentions Exploded During Altcoin Rally
Cryptocurrency analysis company Santiment shared three altcoins whose mention rates have increased significantly in its statement.
Crypto Expert Says Memecoins Are Ready for a Major Comeback