Vicky Ge Huang / Wall Street Journal:

Bitcoin miners that are retooling data centers for AI have boosted their stocks; the CoinShares Bitcoin Mining ETF is up ~90% YTD even as bitcoin has slumped  —  The pivot to AI has lifted a bitcoin-mining ETF by around 90% this year, even as bitcoin itself has slumped.  —  It's harder than ever to mine bitcoin.

Vicky Ge Huang / Wall Street Journal:

Bitcoin miners that are retooling data centers for AI have boosted their stocks; the CoinShares Bitcoin Mining ETF is up ~90% YTD even as bitcoin has slumped  —  The pivot to AI has lifted a bitcoin-mining ETF by around 90% this year, even as bitcoin itself has slumped.  —  It's harder than ever to mine bitcoin.

Source: TechMeme
Source Link: http://www.techmeme.com/251224/p3#a251224p3