Canadian bitcoin miner bitfarms Mulls Pivot for artificial intelligence data centers
(Reuters) – Toronto, based in Toronto, has recruited consultants to explore how some of its facilities could to meet the increasing demand for artificial intelligence centers, Toronto, based in Toronto, has recruited consultants to explore how some of its facilities could to meet the increasing demand for artificial intelligence databases, “Toronto, based in Toronto, has recruited consultants to explore how some of its facilities could to meet the increasing demand for artificial intelligence databases,” Toronto, based on Toronto, has recruited consultants to explore how some of its facilities could to meet the increasing demand for artificial intelligence databases, “Toronto, based on Toronto, has recruited consultants to explore how some of its facilities could to meet the increasing demand for artificial intelligence centers,”
Why is this important
Crystation workers often have large plots of land, important energy-asset resources, which are also decisive for high-performance computing (HPC) and artificial intelligence data centers.
To take advantage of the artificial intelligence boom, many miners began to re -display parts of their operations in databases, given that they already have most of the infrastructure.
However, critics of this approach warns that the transformation may not be successful because artificial intelligence databases are more advanced.
Context
BitFarms said that consultants, the Appleby Strategy Group and World Wide Technology, will analyze its sites in North America.
The company will also advise the computing and AI strategy, while marketing sites for potential customers.
Earlier this month, riot platforms launched a review of potential and computing uses of parts of its facility in Navarro Province, Texas.
Main quote
“The contracts associated with the customers of HPC/AI provide long -term and fixed cash flows, while our bitcoin mining operations will continue to liquefy Bitcoin’s elastic potentials,” Ben Ghania, CEO of BitFarms said.
(Participated in the reports of Nikit Nisant in Bangaluru; edited by Shrea Bisas)
https://media.zenfs.com/en/reuters-finance.com/f9bf1caa2a4f513df94781299ada80f7
2025-01-31 16:08:00