Bitcoin Miners Are Diversifying the Uses of Their Computing Power
Bitcoin mining was once seen as a single-purpose business. Companies built huge data centers filled with specialized computers, all focused on verifying transactions and creating new bitcoins. Today, that picture is changing. Many bitcoin mining companies are finding new ways to use their powerful computing systems, and this shift could reshape the future of the industry. At the center of this change is artificial intelligence. The same facilities that mine bitcoin can also support AI workloads. These workloads include data processing, machine learning, and other tasks that require large amounts of computing power. As demand for AI continues to grow…