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Bitcoin Mining Per Coin Faces Approximately $19,000 Loss, Mining Companies Accelerate Shift to AI and Computing Power Business
Svmuu News: Due to the current pressure of facing approximately $19,000 in losses per Bitcoin mined, mining companies are accelerating their transition into the fields of artificial intelligence and high-performance computing. They are funding the investment in related infrastructure by selling part of their BTC reserves. Data from CoinShares shows that listed mining companies have cumulatively announced AI and HPC cooperation projects with a total value exceeding $70 billion, indicating the industry's overall shift towards computing power services. (CoinDesk)
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