Luxor mining company executive: BTC mining business is a stepping stone to larger, more capital-intensive industries such as AI
ChainCatcher News, according to CoinDesk, Aaron Forster, Director of Business Development at Bitcoin mining company Luxor Technology, said in an interview at the Consensus festival that cryptocurrency mining is being accepted and naturally developing into other markets. Large miners are transitioning to become power infrastructure providers for artificial intelligence rather than building large mines.
Bitcoin mining business is a stepping stone towards larger and more capital-intensive industries such as artificial intelligence. This excites me because it allows Bitcoin mining to be more widely accepted.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
DATA: A Giant Whale Redeemed and Sold 400 BTC 4 Hours Ago, Accumulated Losses of $31.8 Million
HKEx: Open to Using Blockchain and Other Technologies to Solve Existing Carbon Market Problems
U.S. Five-Year Treasury Yield Down 15 Basis Points at 4.01%
BTC breaks through $85,000
Trending news
MoreCrypto prices
More
