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2024-09-05 00:01:41

Bitcoin News on Nostr: Converting mining sites to AI data centers isn't seamless: Sabre56 CEO. According to ...

Converting mining sites to AI data centers isn't seamless: Sabre56 CEO.

According to CEO Phil Harvey, Bitcoin miners will average roughly $1.50 in revenue per terahash every month during the current market cycle.

As Bitcoin mining companies attempt to diversify operations into data centers to bolster revenue, the headlines have been dominated by this purported shift to high-performance computing.

*VanEck’s projected revenues and profits for public mining companies that choose to embrace the data center strategy. Source: VanEck*
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