Bitcoin Miners Have the Thing AI Needs the Most
ZeroHedge·
- Bitcoin miners are transitioning into artificial intelligence and high-performance computing businesses by leveraging their scarce grid connections, transformers, and power contracts.
- Bitdeer reported second-quarter AI cloud revenue of $14.0 million and secured a 16-year lease in Norway worth $4.7 billion in contracted revenue.
- The company simultaneously expanded its bitcoin mining operations, producing 1,190 bitcoin in July and generating $168.4 million in self-mining revenue to fund the transition.