MemCast
MemCast / episode / insight
Mining operators may repurpose energy for AI workloads
  • With AI’s appetite for GPU power soaring, miners consider shutting down hash operations to lease electricity and hardware to AI data centers.
  • This shift could improve overall asset utilization and profitability.
  • The decision hinges on relative returns between mining rewards and AI leasing fees.
BobbyBloomberg Television01:24:45

Supporting quotes

IF YOU'RE RUNNING A BITCOIN MINING OPERATION, ISN'T IT VERY TEMPTING TO STOP MINING BITCOIN AND RENT OUT YOUR ENERGY TO AI? Bobby
YES. Bobby

From this concept

Crypto Mining vs AI Energy Allocation

Rising AI demand tempts Bitcoin miners to repurpose energy, while mining hash power remains a lagging indicator of price movements.

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