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Bitcoin Miners Pivoted to AI—Only to Find It's Just as Turbulent

Original: Bitcoin Miners Pivoted to AI—Only to Find It’s Just as Turbulent as Crypto

Bitcoin mining companies that redirected their data-center capacity toward artificial intelligence workloads after crypto downturns are discovering that the AI business carries volatility of its own, according to Wall Street Journal reporting. Shifting demand, high capital costs and fast-moving competition in AI computing are creating turbulence similar to what miners faced in crypto.

Why now: AI's data-center boom is drawing crypto miners seeking new revenue, and the difficulty of that transition is newly under scrutiny

Bitcoinbitcoin mining companiesWall Street Journalartificial intelligence

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• Bitcoin Miners Pivoted to AI—Only to Find It’s Just as Turbulent as Crypto · WSJ

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