Bitfarms will wind down Bitcoin mining over two years to focus on AI and high-performance computing technology.

Bitfarms is winding down its Bitcoin mining over two years to focus on AI and high-performance computing infrastructure amid falling crypto profits.

Bitcoin miners are repurposing their data centers for AI infrastructure. Firms like Core Scientific, Iris Energy, and Hut 8 are leading the pivot. AI workloads ...

When Core Scientific signed a $3.5 billion deal to host artificial intelligence (AI) data centers earlier this year, it wasn’t chasing the next crypto token — it was chasing a steadier paycheck. Once ...

Bitfarms ( BITF) is winding down its bitcoin mining operations, in favor of focusing on high-performance compute/artificial intelligence infrastructure, it said on Thursday. The announcement when it ...

The moment crypto enthusiasts have been long dreading is finally here: it’s now unprofitable to mine Bitcoin. Bitcoin mining is the process where a computer — typically using a power-hungry graphics ...

Hyperscale Data, Inc. (AMEX:GPUS) shares surged in Monday's after-hours trading on increasing optimism about the company’s intentions to launch Nvidia Corp.’s (NASDAQ:NVDA) graphics processing unit ...