Bitcoin Miners to Explore AI Opportunities in Response to Halving Impact
Monday, 22 April 2024, 07:54
Bitcoin Miners' Response to Halving
The recent report by CoinShares reveals that Bitcoin miners are assessing a pivot towards Artificial Intelligence (AI) in the wake of the halving event. This shift comes as miners are bracing for considerable cost increases post-halving.
Cost Implications
- Electricity and Production Costs: Almost doubling
This change signifies a notable adjustment in the mining landscape, hinting at the potential for innovation and adaptation.
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