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Efosa Udinmwen

Is AI more appealing than crypto now? A major Bitcoin miner has decided to pivot to AI data centers - here's why

Bitcoin Crypto Mining Nvidia TechRadar

A representational concept of a social media network.

Bitfarm shifts from mining legacy coins to hosting a large Nvidia-powered AI infrastructure
Massive power reserves give the company unusual leverage in entering AI workloads
AI pivot follows steep financial losses driven by volatile digital asset markets

Bitfarm, a major Bitcoin mining company with twelve facilities dedicated to cryptocurrency operations, has announced plans to abandon crypto mining entirely by 2027 and shift to AI data center services.

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