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The New Digital Gold Rush: Cryptocurrency Miners Eye AI Horizons
A few years ago, many publicly traded companies significantly transformed their business to capitalize on the growing popularity of cryptocurrency mining. Now, as the profitability of these operations becomes decidedly smaller, they are looking for alternatives and moving towards a new boom. As a result, more miners are beginning to offer access to substantial computing power from their data centers to companies in the rapidly growing artificial intelligence (AI) sector. According to the latest report by JPMorgan published last week, the largest mining companies are no longer restricting themselves to mining Bitcoin ... (full story)