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How AI Giants Are Cashing In by Fueling Bitcoin Mining Boom
How AI Giants Are Cashing In by Fueling Bitcoin Mining Boom
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Silicon Valley's AI powerhouses found a golden goose—and it's humming with Bitcoin miners' rigs.
When the AI gold rush met crypto's energy hunger
Massive server farms originally built for machine learning now moonlight as 24/7 Bitcoin mines. Those idle GPUs? Turned into round-the-clock moneymakers during AI's off-hours. The result? Fat profit margins—and Wall Street analysts scrambling to update their 'disruptive tech' PowerPoints.
The cynical kicker? These firms now make more from Bitcoin than their actual AI products—but hey, 'blockchain-enabled machine learning' sounds great in earnings calls.
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