Major public Bitcoin miners have ceased releasing monthly data, indicating a significant industry shift. With declining hash rate prices, these miners are transitioning from ASIC-based Bitcoin mining to GPU-based operations, focusing on Ethereum and AI computing. Companies such as Terawulf, Cipher, and IREN are partnering with hyperscale data centers to develop AI infrastructure. This strategic pivot marks a move away from Bitcoin's competitive mining environment towards more lucrative opportunities in AI and high-performance computing.
Bitcoin Miners Transition to AI and GPU Mining Amid Industry Shift
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