Bitcoin Mining Firms Shift to AI Amid Rising Costs and Regulations

Categories
AI, Bitcoin, Crypto

Bitcoin mining firms face rising costs, pushing them to diversify revenue sources by incorporating AI and high-performance computing services. Russia enforces strict crypto mining laws, allowing only registered entities and tightening regulations to curb financial crimes. CoinShares report reveals a significant breakthrough in the Bitcoin mining business. Second-quarter cash flow data shows that the average […]