Bitfarms Announces Exit of Bitcoin Mining in Two Years, Moving Fully to AI Computing Infrastructure
2025-11-13 17:23:57
Crypto miner Bitfarms has announced plans to gradually shut down its bitcoin mining operations over the next two years and instead focus on providing high-performance computing (HPC) infrastructure for artificial intelligence (AI) applications. Bitfarms is one of a growing number of miners turning to high-performance computing services as the falling price of bitcoin narrows profit margins. The company also said its facilities in Washington state will be remodeled to support AI or high-performance computing tasks.
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