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Why Bitcoin Miners Are Sitting On A Generational AI Goldmine

Bitcoin produced generational returns for investors who got into the digital asset a decade ago, and it looks like Bitcoin miners are next.  The infrastructure Bitcoin mining companies use to mine Bitcoin is uniquely positioned to capitalize on artificial intelligence.  Investors Are Starting To View Bitcoin Miners As AI Companies Hive Digital Technologies Executive Chairman and Co-founder Frank Holmes told BeInCrypto that it takes three years to build a data center from scratch. That’s because you have to factor in details like permitting, logistics, and building the data center.  However, the path to converting a Bitcoin mining data center into an AI data center takes less time. “If you already have the infrastructure built from Bitcoin mining, it’s nine months to…

Source: beincrypto.com — Read the full article
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