CoinShares: After the Bitcoin halving, miners may shift their focus to artificial intelligence

2024-04-22 16:03:06

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ChainCatcher news, CoinShares (CS) stated in a report on Friday that after the Bitcoin halving, cryptocurrency miners may turn to energy-secure areas for artificial intelligence due to potential higher revenues.

CoinShares pointed out that mining companies such as BitDigital (BTBT), Hive (HIVE), and Hut 8 (HUT) have already generated income from artificial intelligence. Meanwhile, TeraWulf (WULF) and Core Scientific (CORZ) have existing artificial intelligence businesses or plans to develop in this field.

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CoinShares The largest digital asset investment company in Europe.