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Benzinga
Benzinga
Business
Surbhi Jain

From Bitcoin To AI: How IREN And Cipher Are Hosting Nvidia-Powered AI Workloads

Data CenterHardware,Cables,Connected,To,A,Internet,Network,Device,Technology,Closeup

The Bitcoin (CRYPTO: BTC) mining bust just found its silver lining — and it's glowing green with Nvidia Corp (NASDAQ:NVDA)-powered AI. As Alphabet Inc‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google and Microsoft Corp (NASDAQ:MSFT) scramble to secure low-cost, high-density data centers for their next wave of AI expansion, they've stumbled upon an unlikely landlord – the crypto miners they once helped render obsolete – now retrofitted with Nvidia GPUs to handle the compute-heavy demands of modern AI.

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