Updated: 20h
Major Bitcoin mining firms in the United States, including Riot Platforms, Bitfarms, Core Scientific, and MARA Holdings, are pivoting to Artificial Intelligence (AI) and high-performance computing (HPC) due to lower profitability in Bitcoin mining.The shift raises concerns about Bitcoin's network security, potentially increasing the risk of a 51 percent attack, and may lead to mining consolidation in regions with cheap energy or by sovereign states.
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#USA

#Winters

#MeltemDemirors

#Bitcoin

#FredThiel

#RiotPlatforms

#AI

#HPC

#Bitfarms

#CoreScientific

#MARAHoldings

#CrucibleCapital

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MeltemDemirors

Major Bitcoin mining firms in the USA, including Riot Platforms, Bitfarms, Core Scientific, and MARA Holdings, are pivoting to AI and high-performance computing (HPC) due to lower profitability in Bitcoin mining. These...

20h
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MichaelSaylor

Bitcoin dropped sharply, losing over 30% from its mid-October peak to below $85,000, erasing more than $750 billion in value and triggering further steep declines in Ethereum, XRP, Solana, and Dogecoin as well as...

1 Dec/3 Dec
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