Bitcoin News Today: Bitcoin Miners Face a Crucial Choice: Embrace AI or Navigate Crypto Market Fluctuations?
- Bitcoin miners shift to AI/HPC to offset declining mining profits, with Bitdeer and BitFuFu reporting 174%-180% revenue growth from cloud/AI services. - Bitdeer plans 200 MW AI capacity targeting $2B annual revenue by 2026, while rivals like Riot expand data centers for enterprise AI clients. - BTC stabilizes above $105K despite $1.7B ETF outflows, but whale accumulations and rising spot trading hint at institutional rebuilding efforts. - Mixed financials emerge: Bitdeer's $43M EBITDA contrasts with Clea
Bitcoin Miners Face Profitability Hurdles as AI and ETF Markets Roil
Bitcoin mining companies are contending with mounting financial strains and unpredictable market conditions, but a number are finding relief by shifting focus toward artificial intelligence (AI) and high-performance computing (HPC). Despite
Bitcoin's price fluctuations further complicate the landscape. The digital asset has
The industry's financial outlook is still uncertain. Bitdeer’s
Looking forward, miners' ability to thrive will depend on managing Bitcoin's price swings alongside the expansion of AI opportunities. Bitdeer's
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