Largest Crypto Miners Will Benefit Most From Capacity Growth: Bernstein
Larger miners with a low cost of production and low debt are likely to be the big beneficiaries of increased capacity, the report said.
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Larger miners with a low cost of production and low debt are likely to be the big beneficiaries of increased capacity, the report said.
Oil and gas companies are keen to use gas that would normally be flared off to run bitcoin mining operations. But environmentalists claim the practice merely perpetuates the use of fossil fuels.
The company will be able to add up to 150 megawatts of energy capacity through the two agreements.
Applied Digital will be deploying HPE’s Cray XD supercomputers in its AI cloud service.
Hive wants to provide enterprise AI training in its fleet of GPUs.
Shares of miner Applied Digital surged on Nasdaq as the firm announced a second AI cloud hosting deal.
Miners are increasingly looking to fill data center space with AI and cloud computing.