PANews reported on November 10th that, according to Cryptoslate, seven of the top ten crypto mining companies by hashrate have reported generating revenue from their artificial intelligence or high-performance computing projects, while the remaining three plan to follow suit. The mining companies that have already generated revenue include: Marathon Digital Holdings, CleanSpark, Iris Energy (IREN), Bitdeer Technologies, Cipher Mining, Core Scientific, and TeraWulf. The mining companies planning to follow suit include: Riot Platforms, Bitfarms, and Phoenix Group. This shift combines the mining companies' abundant land resources and interconnectivity with contract revenue from graphics processing unit (GPU) customers, opening up a second business line to compete with full-power application-specific integrated circuits (ASICs).PANews reported on November 10th that, according to Cryptoslate, seven of the top ten crypto mining companies by hashrate have reported generating revenue from their artificial intelligence or high-performance computing projects, while the remaining three plan to follow suit. The mining companies that have already generated revenue include: Marathon Digital Holdings, CleanSpark, Iris Energy (IREN), Bitdeer Technologies, Cipher Mining, Core Scientific, and TeraWulf. The mining companies planning to follow suit include: Riot Platforms, Bitfarms, and Phoenix Group. This shift combines the mining companies' abundant land resources and interconnectivity with contract revenue from graphics processing unit (GPU) customers, opening up a second business line to compete with full-power application-specific integrated circuits (ASICs).
70% of leading Bitcoin mining companies reported that their AI or high-performance computing projects had generated revenue.
PANews reported on November 10th that, according to Cryptoslate, seven of the top ten crypto mining companies by hashrate have reported generating revenue from their artificial intelligence or high-performance computing projects, while the remaining three plan to follow suit. The mining companies that have already generated revenue include: Marathon Digital Holdings, CleanSpark, Iris Energy (IREN), Bitdeer Technologies, Cipher Mining, Core Scientific, and TeraWulf. The mining companies planning to follow suit include: Riot Platforms, Bitfarms, and Phoenix Group. This shift combines the mining companies' abundant land resources and interconnectivity with contract revenue from graphics processing unit (GPU) customers, opening up a second business line to compete with full-power application-specific integrated circuits (ASICs).
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