Digital asset miners are moving to other business ventures including offering high-powered technology services to artificial intelligence (AI) companies to improve earnings. A new report from JP Morgan shows that crypto-based mining firms are expanding their operations to include high-performance computing, reducing their dependency on core primary operations, cryptocurrency. The bank noted that while Bitcoin (BTC) miners lead the number of cryptocurrency miners transitioning up AI, other asset miners like Ethereum (ETH) also add to the surging figures. As a result of the Ethereum Merge which saw the network transition to a Proof-of-Stake blockchain, with users staking assets to secure the network, miners began selling their high-earned hardware in the secondary market leading to a hi
Leave a Reply