According to market news, seven of the top 10 crypto miners by computing power report that their artificial intelligence or high-performance computing projects have generated revenue, and the remaining three plan to follow suit.
Mining companies that have generated revenue include: Marathon Digital Holdings, CleanSpark, Iris Energy (IREN), Bitdeer Technologies, Cipher Mining, Core Scientific and TeraWulf. Mining companies that plan to follow up include: Riot Platforms, Bitfarms and Phoenix Group. This shift combines the mining company's abundant land resources and connected facilities with contract revenue from graphics processing unit (GPU) customers to open up a second line of business, competing with application-specific integrated circuits (ASICs) running at full power.
70% of leading bitcoin miners have weathered a bear market with AI-related revenue
2025-11-10 02:48:49
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