Bloomberg: Crypto miners seizing on the AI craze are gradually abandoning bitcoin
2025-10-18 12:59:57
On October 18th, according to Bloomberg News, the stocks of the large computing companies that underpin Bitcoin's operation are once again outperforming Bitcoin itself, as more and more companies turn to a blended mode centered on artificial intelligence and high-performance computing. These companies were called "mining companies" in the early days, stemming from the analogy between the creation process of Bitcoin and the mining of traditional precious metals such as gold, but they have long been subject to bitcoin price fluctuations. Two years ago, the industry benefited from the early stages of the AI boom, but the following year, as mining profits fell and competition intensified, its stock price fell again.
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