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Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Bitcoin Miners at a Crossroads: Go for AI or Stay with BTC?

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Bitcoin’s Remaining Supply Sparks $74 Billion Opportunity What This Means for Miners

The post Bitcoin Miners at a Crossroads: Go for AI or Stay with BTC? appeared first on Coinpedia Fintech News

Bitcoin miners are at a crucial crossroads as they face tough market conditions. While major miners like Marathon Digital (MARA) and Riot Platforms (RIOT) have increased their share of Bitcoin mined, their stock prices remain stagnant due to reduced profit margins after the recent Bitcoin halving. In contrast, miners diversifying into artificial intelligence (AI) and high-performance computing (HPC), such as Core Scientific, have seen stock gains of up to 25%. As investor interest shifts towards those leveraging data centers for AI, traditional miners must decide whether to adapt or risk falling behind in a competitive market.

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