Bitcoin Miners Are Finding Promised AI Panacea Can Be Elusive
A technician walks near cryptocurrency mining rigs at the Bitfarms Bunker facility in Sherbrooke, Quebec, Canada, on Monday, Sept. 9, 2024.
Photographer: Graham Hughes/BloombergThis article is for subscribers only.
David Pan writes on the converging worlds of artificial intelligence and the large-scale computing companies that power the world’s largest cryptocurrency.
Even before the latest spate of market volatility, investing in publicly-traded Bitcoin miners has always been fraught.