TeraWulf's Bitcoin mining revenue plunged 69%. Its AI business went the opposite way.
The $BTC miner reported $63M in quarterly AI-related HPC lease revenue, up 774% year over year.
Mining is shrinking. AI infrastructure is expanding.
👀 Are Bitcoin miners becoming AI companies?
#Bitcoin #AnthropicIPOValuationDoubts
The $BTC miner reported $63M in quarterly AI-related HPC lease revenue, up 774% year over year.
Mining is shrinking. AI infrastructure is expanding.
👀 Are Bitcoin miners becoming AI companies?
#Bitcoin #AnthropicIPOValuationDoubts
