Why Bitcoin Miners Are Abandoning The Orange Coin For AI — And Why It Might Be A Massive Trap

Major U.S. public Bitcoin miners including Cipher Digital, Bitfarms, and Core Scientific are selling Bitcoin holdings and rebranding to chase AI/HPC leases with hyperscalers like Microsoft and Goog...

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Why Bitcoin Miners Are Abandoning The Orange Coin For AI — And Why It Might Be A Massive Trap

Source: Bitcoin Magazine

Major U.S. public Bitcoin miners including Cipher Digital, Bitfarms, and Core Scientific are selling Bitcoin holdings and rebranding to chase AI/HPC leases with hyperscalers like Microsoft and Google, amid industry-wide profitability challenges.