positive
23 days agoCrypto miners shifting to AI infra as Bitcoin profitability drops
Cryptocurrency-mining firms listed in the U.S. are increasingly pivoting from pure Bitcoin operations to AI data-centre infrastructure as bitcoin profit margins shrink. Companies such as Cipher Mining and IREN Ltd have seen share prices jump 300-500% this year on this strategic shift. Cipher, for example, signed a roughly $3 billion 10-year deal to boost its AI-compute capacity. Analysts say this trend signals a broader transformation in the crypto-mining industry toward AI workloads rather than token mining alone.
MoneyControl• By struti
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positive
23 days agoCrypto miners shifting to AI infra as Bitcoin profitability drops
Cryptocurrency-mining firms listed in the U.S. are increasingly pivoting from pure Bitcoin operations to AI data-centre infrastructure as bitcoin profit margins shrink. Companies such as Cipher Mining and IREN Ltd have seen share prices jump 300-500% this year on this strategic shift. Cipher, for example, signed a roughly $3 billion 10-year deal to boost its AI-compute capacity. Analysts say this trend signals a broader transformation in the crypto-mining industry toward AI workloads rather than token mining alone.
MoneyControl• By struti
Explore:High Return Equity Mutual Fund
24 days ago
1 min read
77 words
Crypto-mining companies pivoting into AI infrastructure as bitcoin profitability wanes and share prices soar on the shift.
Cryptocurrency-mining firms listed in the U.S. are increasingly pivoting from pure Bitcoin operations to AI data-centre infrastructure as bitcoin profit margins shrink. Companies such as Cipher Mining and IREN Ltd have seen share prices jump 300-500% this year on this strategic shift. Cipher, for example, signed a roughly $3 billion 10-year deal to boost its AI-compute capacity. Analysts say this trend signals a broader transformation in the crypto-mining industry toward AI workloads rather than token mining alone.
Cryptocurrency-mining firms listed in the U.S. are increasingly pivoting from pure Bitcoin operations to AI data-centre infrastructure as bitcoin profit margins shrink. Companies such as Cipher Mining and IREN Ltd have seen share prices jump 300-500% this year on this strategic shift. Cipher, for example, signed a roughly $3 billion 10-year deal to boost its AI-compute capacity. Analysts say this trend signals a broader transformation in the crypto-mining industry toward AI workloads rather than token mining alone.
Companies:
Cipher Mining Inc.
IREN Ltd.
Tags:
crypto
ai
crypto
ai
infrastructure
stocks
Oct 19, 2025 • 06:38 IST