70% of leading Bitcoin mining companies report that their AI or high-performance computing projects have already generated revenue
PANews, November 10 — According to Cryptoslate, among the top ten crypto mining companies by hash rate, seven have reported that their artificial intelligence or high-performance computing projects have already generated revenue, while the remaining three plan to follow suit. The mining companies that have already generated revenue include: Marathon Digital Holdings, CleanSpark, Iris Energy (IREN), Bitdeer Technologies, Cipher Mining, Core Scientific, and TeraWulf. The companies planning to follow are: Riot Platforms, Bitfarms, and Phoenix Group. This shift combines the mining companies' abundant land resources and interconnected facilities with contract revenue from graphics processing unit (GPU) clients, opening up a second line of business that competes with the full-power operation of application-specific integrated circuits (ASICs).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Mars Morning News | Russia Plans to Ease Digital Asset Investment Thresholds, Expanding Legal Participation of Citizens in the Crypto Market
Russia plans to relax the investment threshold for digital assets, Texas allocates $5 million to Bitcoin ETF, an Ethereum whale sells 20,000 ETH, Arca's Chief Investment Officer says MSTR does not need to sell BTC, and the S&P 500 Index may rise by 12% next year. Summary generated by Mars AI. The accuracy and completeness of this summary produced by the Mars AI model are still being iteratively updated.
x402 The most crucial piece of the puzzle? Switchboard aims to rebuild the "oracle layer" from scratch
Switchboard is an oracle project within the Solana ecosystem and proposes to provide a data service layer for the x402 protocol. It adopts a TEE technology architecture, is compatible with x402 protocol standards, supports a pay-per-call billing model, and removes the API Key mechanism, aiming to build a trusted data service layer. Summary generated by Mars AI. The accuracy and completeness of this content, generated by the Mars AI model, is still in an iterative update phase.
Who would be the most crypto-friendly Federal Reserve Chair? Analysis of the candidate list and key timeline
Global markets are closely watching the change of Federal Reserve Chair: Hassett leading the race could trigger a crypto Christmas rally, while the appointment of hawkish Waller may become the biggest bearish factor.
Trending news
MoreCrypto prices
More
