Do repost and rate:
Not many miners will be able to afford the additional investment in hardware and staff after last year’s meltdown in cryptocurrencies.
Photographer: Christinne Muschi/BloombergCrypto miners looking to provide services for upstarts in artificial intelligence may be looking at an uphill battle, according to analysts.
The opportunity to repurpose a glut of specialized processors — and partner with an industry on the precipice of a boom — represents a huge source of potential revenue. Already, Hut 8 Mining Corp.’s new high-performance computing division has generated more than 20% of the crypto miner’s first quarter sales.
