• bitcoinBitcoin (BTC) $ 108,005.00
  • ethereumEthereum (ETH) $ 2,542.92
  • tetherTether (USDT) $ 0.999960
  • xrpXRP (XRP) $ 2.27
  • bnbBNB (BNB) $ 659.46
  • solanaSolana (SOL) $ 149.00
  • usd-coinUSDC (USDC) $ 0.999800
  • tronTRON (TRX) $ 0.287235
  • dogecoinDogecoin (DOGE) $ 0.167754
  • staked-etherLido Staked Ether (STETH) $ 2,542.54
  • cardanoCardano (ADA) $ 0.576969
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 107,766.00
  • hyperliquidHyperliquid (HYPE) $ 37.34
  • wrapped-stethWrapped stETH (WSTETH) $ 3,069.81
  • bitcoin-cashBitcoin Cash (BCH) $ 497.46
  • suiSui (SUI) $ 2.85
  • chainlinkChainlink (LINK) $ 13.25
  • leo-tokenLEO Token (LEO) $ 9.05
  • stellarStellar (XLM) $ 0.248143
  • avalanche-2Avalanche (AVAX) $ 17.76
  • usdsUSDS (USDS) $ 0.999861
  • shiba-inuShiba Inu (SHIB) $ 0.000012
  • wrapped-eethWrapped eETH (WEETH) $ 2,724.96
  • the-open-networkToncoin (TON) $ 2.74
  • wethWETH (WETH) $ 2,543.52
  • hedera-hashgraphHedera (HBAR) $ 0.155480
  • litecoinLitecoin (LTC) $ 85.99
  • whitebitWhiteBIT Coin (WBT) $ 44.98
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • moneroMonero (XMR) $ 317.32
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 107,983.00
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • polkadotPolkadot (DOT) $ 3.35
  • bitget-tokenBitget Token (BGB) $ 4.29
  • uniswapUniswap (UNI) $ 7.42
  • aaveAave (AAVE) $ 280.73
  • pepePepe (PEPE) $ 0.000010
  • daiDai (DAI) $ 1.00
  • pi-networkPi Network (PI) $ 0.454588
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • okbOKB (OKB) $ 48.04
  • bittensorBittensor (TAO) $ 318.45
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • aptosAptos (APT) $ 4.38
  • jito-staked-solJito Staked SOL (JITOSOL) $ 181.00
  • nearNEAR Protocol (NEAR) $ 2.13
  • internet-computerInternet Computer (ICP) $ 4.74
  • ethereum-classicEthereum Classic (ETC) $ 16.45
  • crypto-com-chainCronos (CRO) $ 0.080416
  • ondo-financeOndo (ONDO) $ 0.775712
  • susdssUSDS (SUSDS) $ 1.06
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • kaspaKaspa (KAS) $ 0.074882
  • fasttokenFasttoken (FTN) $ 4.44
  • mantleMantle (MNT) $ 0.561329
  • gatechain-tokenGate (GT) $ 15.49
  • cosmosCosmos Hub (ATOM) $ 4.01
  • bonkBonk (BONK) $ 0.000023
  • vechainVeChain (VET) $ 0.020342
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.668865
  • official-trumpOfficial Trump (TRUMP) $ 8.51
  • skySky (SKY) $ 0.078556
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.185211
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 107,912.00
  • ethenaEthena (ENA) $ 0.255177
  • render-tokenRender (RENDER) $ 3.13
  • arbitrumArbitrum (ARB) $ 0.325416
  • quant-networkQuant (QNT) $ 106.39
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,544.03
  • filecoinFilecoin (FIL) $ 2.25
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.47
  • algorandAlgorand (ALGO) $ 0.173559
  • worldcoin-wldWorldcoin (WLD) $ 0.864450
  • usdtbUSDtb (USDTB) $ 0.999988
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998273
  • kucoin-sharesKuCoin (KCS) $ 11.04
  • sei-networkSei (SEI) $ 0.251877
  • binance-staked-solBinance Staked SOL (BNSOL) $ 158.04
  • usdt0USDT0 (USDT0) $ 1.00
  • jupiter-exchange-solanaJupiter (JUP) $ 0.432615
  • nexoNEXO (NEXO) $ 1.23
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,666.50
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,897.24
  • spx6900SPX6900 (SPX) $ 1.25
  • flare-networksFlare (FLR) $ 0.016162
  • celestiaCelestia (TIA) $ 1.56
  • fartcoinFartcoin (FARTCOIN) $ 1.09
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999687
  • xdce-crowd-saleXDC Network (XDC) $ 0.065299
  • injective-protocolInjective (INJ) $ 10.32
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • blockstackStacks (STX) $ 0.642067
  • sonic-3Sonic (S) $ 0.303507
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,720.15
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.47
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,672.16
  • optimismOptimism (OP) $ 0.536403
  • pax-goldPAX Gold (PAXG) $ 3,332.97
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.014772
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 107,813.00
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 107,803.00
  • paypal-usdPayPal USD (PYUSD) $ 0.999783
  • story-2Story (IP) $ 3.10
  • wbnbWrapped BNB (WBNB) $ 659.67
  • kaiaKaia (KAIA) $ 0.149989
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,679.18
  • clbtcclBTC (CLBTC) $ 109,014.00
  • dogwifcoindogwifhat (WIF) $ 0.840014
  • tether-goldTether Gold (XAUT) $ 3,326.02
  • the-graphThe Graph (GRT) $ 0.082265
  • flokiFLOKI (FLOKI) $ 0.000084
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 167.19
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.24
  • vaultaVaulta (A) $ 0.488958
  • immutable-xImmutable (IMX) $ 0.412202
  • msolMarinade Staked SOL (MSOL) $ 194.71
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 2,744.61
  • ousgOUSG (OUSG) $ 111.71
  • curve-dao-tokenCurve DAO (CRV) $ 0.506806
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.74
  • theta-tokenTheta Network (THETA) $ 0.679384
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998190
  • lido-daoLido DAO (LDO) $ 0.716648
  • jito-governance-tokenJito (JTO) $ 1.85
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • galaGALA (GALA) $ 0.013894
  • zcashZcash (ZEC) $ 38.50
  • ethereum-name-serviceEthereum Name Service (ENS) $ 18.37
  • iotaIOTA (IOTA) $ 0.155489
  • bittorrentBitTorrent (BTT) $ 0.00000061
  • wrapped-hypeWrapped HYPE (WHYPE) $ 37.32
  • saros-financeSaros (SAROS) $ 0.225952
  • the-sandboxThe Sandbox (SAND) $ 0.241588
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 107,462.00
  • usual-usdUsual USD (USD0) $ 0.997669
  • jasmycoinJasmyCoin (JASMY) $ 0.011950
  • aerodrome-financeAerodrome Finance (AERO) $ 0.679348
  • raydiumRaydium (RAY) $ 2.13
  • super-oethSuper OETH (SUPEROETH) $ 2,541.66
  • tbtctBTC (TBTC) $ 107,672.00
  • newton-projectAB (AB) $ 0.008378
  • syrupMaple Finance (SYRUP) $ 0.515201
  • pendlePendle (PENDLE) $ 3.36
  • walrus-2Walrus (WAL) $ 0.398387
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,543.29
  • tezosTezos (XTZ) $ 0.521967
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,723.55
  • falcon-financeFalcon USD (USDF) $ 0.999024
  • pyth-networkPyth Network (PYTH) $ 0.094853
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,657.09
  • flowFlow (FLOW) $ 0.323559
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 107,966.00
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,543.70
  • decentralandDecentraland (MANA) $ 0.260582
  • bitcoin-svBitcoin SV (BSV) $ 24.85
  • true-usdTrueUSD (TUSD) $ 0.997130
  • coredaoorgCore (CORE) $ 0.484643
  • ripple-usdRipple USD (RLUSD) $ 0.999805
  • apecoinApeCoin (APE) $ 0.598157
  • venomVenom (VENOM) $ 0.226734
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999803
  • chain-2Onyxcoin (XCN) $ 0.013630
  • thorchainTHORChain (RUNE) $ 1.32
  • heliumHelium (HNT) $ 2.45
  • dexeDeXe (DEXE) $ 7.78
  • beldexBeldex (BDX) $ 0.061354
  • apenftAPENFT (NFT) $ 0.00000044
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.167787
  • usddUSDD (USDD) $ 1.00
  • kavaKava (KAVA) $ 0.396138
  • morphoMorpho (MORPHO) $ 1.34
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.004274
  • based-brettBrett (BRETT) $ 0.041957
  • staked-hypeStaked HYPE (STHYPE) $ 37.31
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • usdbUSDB (USDB) $ 1.00
  • reserve-rights-tokenReserve Rights (RSR) $ 0.006895
  • starknetStarknet (STRK) $ 0.110452
  • stader-ethxStader ETHx (ETHX) $ 2,704.82
  • dydx-chaindYdX (DYDX) $ 0.513177
  • movementMovement (MOVE) $ 0.147614
  • compound-governance-tokenCompound (COMP) $ 40.52
  • neoNEO (NEO) $ 5.37
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 1.00
  • elrond-erd-2MultiversX (EGLD) $ 13.19
  • mog-coinMog Coin (MOG) $ 0.00000096
  • conflux-tokenConflux (CFX) $ 0.072102
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,541.33
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 107,989.00
  • ecasheCash (XEC) $ 0.000018
  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999873
  • aioz-networkAIOZ Network (AIOZ) $ 0.302860
  • build-onBUILDon (B) $ 0.358385
  • deepDeepBook (DEEP) $ 0.140835
  • ether-fiEther.fi (ETHFI) $ 0.938593
  • kaitoKAITO (KAITO) $ 1.45
  • axie-infinityAxie Infinity (AXS) $ 2.12
  • eosEOS (EOS) $ 0.487341
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 2,804.48

Bitcoin Miners See Opportunity in AI, but Also Face Challenges

0 55

Bitcoin Miners See Opportunity in AI, but Also Face Challenges

As Bitcoin mining grows more competitive and challenging, industry leaders are looking to cash in on AI data centers—but it’s no easy feat.

At the Mining Disrupt conference in Fort Lauderdale, Florida this week, leading miners said navigating the shift to AI requires skill and care.

“In the long-term, [AI] is a big trend,” Paul Li, CEO of mining technology provider Fog Hashing, said during a talk. “We cannot miss that. You [miners] need to go far this year, as the demand for compute power AI compute is huge.”

In recent months, following the last halving which cut mining rewards in half, and amid a crypto markets slump, Bitcoin miners have been trying to slim down their costs.

Bitcoin miners had already been eyeing AI for some time. Both industries use huge amounts of energy—and are constantly on the prowl to get it cheap. Bitcoin was recently trading at about $87,202, roughly flat over the past 24 hours, although it is well off its record high above $108,000 set in January, according to data provider CoinGecko.

When Bitcoin’s price falls and minting new digital coins isn’t generating enough revenue, some miners have pivoted their infrastructure to address AI demand.

As they are familiar with running data centers, they can be faster and more efficient than other facilities serving AI. “It’s similar to mining to a degree,” Hiveon Energy boss Andrii Garanin told Decrypt. “A data center is a data center.”

Finding staff is easy as well—the industry has been around for a long-time while Bitcoin mining is new—although there are headwinds, miners say.

“In terms of infrastructure, it’s completely different,” Shanon Squires from Compass Mining told Decrypt. “A Bitcoin mining farm is like a chicken coop compared to a tier three data center—it’s not even close,” he continued, noting that the set-up was more complex, with heating, ventilation, and air conditioning essential for setting up an operation.

Bitcoin miners may sometimes turn off, when they want to relieve pressure on the power grid. Shutting down operations temporarily doesn’t matter, because the network is decentralized.

But this is a no-go when running an AI data center, said Squires. “We’re interruptible [as Bitcoin miners], whereas a traditional data center needs (to be) on 100% of the time,” he said, adding that this ups costs big time.

Edited by James Rubin

Source

Leave A Reply

Your email address will not be published.