Miners Turn to AI Data Centers to Offset Crypto Weakness

[lingriiddd]

Major Bitcoin miners including Core Scientific, Hut 8, and IREN are expanding into AI-powered data centers to offset declining profits from crypto mining. The pivot aims to diversify revenue but has sparked competition with AI firms for cheap energy sources, raising concerns over long-term sustainability of both industries.

[EmTeam]

Pivoting to AI infrastructure allows miners to diversify revenue amid declining margins.

[jacson4]

This hybrid mining-AI model could redefine profitability in post-halving environments.