@onchainlatam
⚡🤔 Bitcoin Miners Gain Investor Interest as AI GPU Hosting Becomes a New Revenue Stream
In the last two weeks, bitcoin miners have seen an increase in investor interest following the announcement that Core Scientific (NASDAQ: CORZ) will host GPUs for the artificial intelligence cloud provider CoreWeave.
According to the good folks at JP Morgan, the market capitalization of 14 bitcoin miners increased by 22 percent, or $4 billion, since the Core Scientific announcement.
It seems, my friends, that bitcoin miners' facilities are now recognized for their potential to host AI GPU data centers. Furthermore, miners already have the necessary infrastructure for data centers, giving them a significant advantage.
One of the best-positioned is Iris Energy (NASDAQ: IREN) thanks to its excess energy capacity and focus on renewable energy.
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