Big Tech corporations are turning to cryptocurrency miners as a source of electricity for their AI data centers. AI and cryptocurrency both require a large amount of energy and electricity. Akiko Fujita of Yahoo Finance explains why miners of bitcoin (BTC-USD), such as Riot (RIOT), Bit Digital (BTBT), Hive Blockchain (HIVE), and Hut 8 Mining (HUT), are selling their current power to AI hyperscalers.
Big Tech corporations are turning to cryptocurrency miners as a source of electricity for their AI data centers. AI and cryptocurrency both require a large amount of energy and electricity. Akiko Fujita of Yahoo Finance explains why miners of bitcoin (BTC-USD), such as Riot (RIOT), Bit Digital (BTBT), Hive Blockchain (HIVE), and Hut 8 Mining (HUT), are selling their current power to AI hyperscalers.