Based on Jinse, over the past month, major public Bitcoin miners have collectively stopped releasing monthly data, signaling a shift in the industry. With declining hash rate prices, miners are pivoting from ASIC-based Bitcoin mining to GPU-based operations for Ethereum and AI computing. Companies like Terawulf, Cipher, and IREN have partnered with hyperscale data centers to transition into AI infrastructure. The move reflects a broader strategic shift as the industry moves away from Bitcoin's 'arms race' toward more valuable AI and high-performance computing (HPC) opportunities.
Bitcoin Miners Fall Silent Amid Shift to AI and GPU Mining
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