Galaxy Digital, Hut8, Core Scientific, Hive, TeraWulf, BitDigital all now playing in the AI space. Riot providing hosting for AI.

20% of bitcoin mining capacity expected to be diverted to AI by the end of 2027

https://finance.yahoo.com/news/crypto-miners-double-down-on-ai-hosting-for-more-reliable-cash-flow-140315540.html

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Discussion

“It’s a bold strategy, Cotton. Let’s see if it works out for ‘em.”

There’s a big difference between AI compute and POW. Certainly, there are alignments between rack space and energy contracts, but also key differences in maintenance and software admin.