Bitcoin miners are increasingly adopting artificial intelligence technologies to maintain profitability following the anticipated 2024 halving event. Companies such as Core Scientific and Hut 8 are leading the charge, securing contracts worth $3.5 billion and investing in GPU-powered data centers to capitalize on AI's potential. This strategic shift aims to offset the reduced block rewards expected after the halving, ensuring continued financial viability for mining operations.
Bitcoin Miners Leverage AI to Boost Profitability Post-2024 Halving
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.