CryptoSlate

Bitcoin miners pour billions into AI – but the pivot could leave them regretting it within a year

July 29, 202609:25 AM
Bitcoin miners pour billions into AI – but the pivot could leave them regretting it within a year

Bitcoin miners are redirecting billions of dollars and scarce power capacity toward artificial intelligence as BTC’s downturn pushes mining profitability close to historic lows. Data from CryptoSlate shows Bitcoin trading around $64,000, nearly 50% below its October peak, while elevated network comp...

The post Bitcoin miners pour billions into AI – but the pivot could leave them regretting it within a year appeared first on CryptoSlate.

This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.

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