JPMorgan: Opportunities for Bitcoin miners in AI data center transactions are shrinking

2024-10-17 23:31:59
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ChainCatcher news, according to The Block, JPMorgan analysts indicate that Bitcoin miners face a window of opportunity to sign contracts for data center and high-performance computing (HPC) services with large-scale computing and AI startups over the next 9 months.

Due to delays in data center approvals and grid connections, Bitcoin miners can leverage their existing infrastructure to meet AI computing demands. The report notes that the capacity of the U.S. power grid is limited, and the demand for AI and HPC will continue to grow until 2026.

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