国产av日韩一区二区三区精品,成人性爱视频在线观看,国产,欧美,日韩,一区,www.成色av久久成人,2222eeee成人天堂

Home web3.0 Bitcoin Miners Explore AI Data Centers Amid Revenue Slump, But Path Forward Remains Uncertain

Bitcoin Miners Explore AI Data Centers Amid Revenue Slump, But Path Forward Remains Uncertain

Sep 06, 2024 pm 06:03 PM
ai Bitcoin Mining Crypto Mining Revenues

In August, Bitcoin [BTC] saw some significant volatility, trading between $64,000 and $57,000. The cryptocurrency continued its downward trend into September, with BTC priced at $56,816.75 at press time.

Bitcoin Miners Explore AI Data Centers Amid Revenue Slump, But Path Forward Remains Uncertain

As Bitcoin (BTC) continues to trade within a narrow range, with technical indicators suggesting a persistent bearish trend, BTC mining companies are exploring new avenues to boost revenue.

One strategy being considered is to pivot towards high-performance computing data centers. However, according to Phil Harvey, CEO of blockchain data center consulting firm Sabre56, this transition may not be as straightforward as it seems.

Speaking to a media outlet, Harvey highlighted the vast cost disparities between crypto mining and AI data centers. While operating a typical mining facility incurs costs ranging from $300,000 to $350,000 per megawatt, respectively, AI data centers demand a much higher investment, to the tune of $3 million to $5 million per megawatt. This translates to an increase of 10 to 15 times.

Furthermore, Harvey pointed out that even with a gigawatt of power at their disposal, only about 200 megawatts could feasibly be redirected to high-performance computing tasks. He elaborated,

“There’s probably around 20%, I would imagine, of each miner’s portfolio that is actually capable of delivering key attributes like power, data, and land in order to facilitate AI.”

This push for Bitcoin miners to pivot towards AI data centers is also being driven by their recent revenue struggles. August marked the worst earnings month for BTC miners in nearly a year, with profits hitting their lowest levels since September 2023. This downturn is largely due to decreasing quantities of mined coins.

Given the high operational costs of mining, if these expenses continue to outpace rewards, miners may be left with no choice but to capitulate. This financial pressure has led many to explore alternative revenue streams, such as high-performance computing, to bolster their mining operations.

A recent analysis by AMBCrypto highlighted a significant drop in miner revenue, with the same falling to $820 million in August. This marks a decline of over 10% from July’s $927 million and a steep 57% fall from its peak of nearly $1.93 billion in March.

March was not only notable for its high revenues but also for Bitcoin’s all-time high (ATH) crossing $73,000.

On a separate note, VanEck's projections indicate that publicly traded BTC mining companies could generate substantial revenues by reallocating 20% of their energy capacity to AI and high-performance computing over 13 years.

“Total additional yearly profits could exceed an average of $13.9 billion per year over 13 years.”

The report adds, “AI companies need energy, and Bitcoin miners have it.”

As the Bitcoin mining industry continues to navigate this shifting landscape, the path forward in pivoting towards high-performance computing and AI data centers remains uncertain. However, the manner in which this transition unfolds will be critical in determining whether it can successfully stabilize and enhance mining revenues amidst the current financial pressures.

The above is the detailed content of Bitcoin Miners Explore AI Data Centers Amid Revenue Slump, But Path Forward Remains Uncertain. For more information, please follow other related articles on the PHP Chinese website!

Statement of this Website
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn

Hot AI Tools

Undress AI Tool

Undress AI Tool

Undress images for free

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Clothoff.io

Clothoff.io

AI clothes remover

Video Face Swap

Video Face Swap

Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Tools

Notepad++7.3.1

Notepad++7.3.1

Easy-to-use and free code editor

SublimeText3 Chinese version

SublimeText3 Chinese version

Chinese version, very easy to use

Zend Studio 13.0.1

Zend Studio 13.0.1

Powerful PHP integrated development environment

Dreamweaver CS6

Dreamweaver CS6

Visual web development tools

SublimeText3 Mac version

SublimeText3 Mac version

God-level code editing software (SublimeText3)

The popularity of the currency circle has returned, why do smart people have begun to quietly increase their positions? Look at the trend from the on-chain data and grasp the next round of wealth password! The popularity of the currency circle has returned, why do smart people have begun to quietly increase their positions? Look at the trend from the on-chain data and grasp the next round of wealth password! Jul 09, 2025 pm 08:30 PM

As the market conditions pick up, more and more smart investors have begun to quietly increase their positions in the currency circle. Many people are wondering what makes them take decisively when most people wait and see? This article will analyze current trends through on-chain data to help readers understand the logic of smart funds, so as to better grasp the next round of potential wealth growth opportunities.

What are the mainstream public chains of cryptocurrencies? The top ten rankings of cryptocurrency mainstream public chains in 2025 What are the mainstream public chains of cryptocurrencies? The top ten rankings of cryptocurrency mainstream public chains in 2025 Jul 10, 2025 pm 08:21 PM

The pattern in the public chain field shows a trend of "one super, many strong ones, and a hundred flowers blooming". Ethereum is still leading with its ecological moat, while Solana, Avalanche and others are challenging performance. Meanwhile, Polkadot, Cosmos, which focuses on interoperability, and Chainlink, which is a critical infrastructure, form a future picture of multiple chains coexisting. For users and developers, choosing which platform is no longer a single choice, but requires a trade-off between performance, cost, security and ecological maturity based on specific needs.

Bitcoin breaks new highs, Dogecoin rebounds strongly, will Ethereum keep up with the pace Bitcoin breaks new highs, Dogecoin rebounds strongly, will Ethereum keep up with the pace Jul 09, 2025 pm 08:24 PM

Recently, Bitcoin hit a new high, Dogecoin ushered in a strong rebound and the market was hot. Next, we will analyze the market drivers and technical aspects to determine whether Ethereum still has opportunities to follow the rise.

Cardano's smart contract evolution: The impact of Alonzo upgrades on 2025 Cardano's smart contract evolution: The impact of Alonzo upgrades on 2025 Jul 10, 2025 pm 07:36 PM

Cardano's Alonzo hard fork upgrade has successfully transformed Cardano from a value transfer network to a fully functional smart contract platform by introducing the Plutus smart contract platform. 1. Plutus is based on Haskell language, with powerful functionality, enhanced security and predictable cost model; 2. After the upgrade, dApps deployment is accelerated, the developer community is expanded, and the DeFi and NFT ecosystems are developing rapidly; 3. Looking ahead to 2025, the Cardano ecosystem will be more mature and diverse. Combined with the improvement of scalability in the Basho era, the enhancement of cross-chain interoperability, the evolution of decentralized governance in the Voltaire era, and the promotion of mainstream adoption by enterprise-level applications, Cardano has

The top 5 most worth investing in 2025 (with latest data) The top 5 most worth investing in 2025 (with latest data) Jul 09, 2025 am 06:06 AM

The five most valuable stablecoins in 2025 are Tether (USDT), USD Coin (USDC), Dai (DAI), First Digital USD (FDUSD) and TrueUSD (TUSD).

Who issues stablecoins? What are the stablecoins? Who issues stablecoins? What are the stablecoins? Jul 09, 2025 pm 06:24 PM

Stablecoins are crypto assets that maintain price stability by anchoring fiat currencies such as the US dollar. They are mainly divided into three categories: fiat currency collateral, crypto asset collateral and algorithmic stablecoins. 1. USDT is issued by Tether and is the stablecoin with the largest market value and the highest liquidity. 2. USDC is released by the Centre alliance launched by Circle and Coinbase, and is known for its transparency and compliance. 3. DAI is generated by MakerDAO through over-collateralization of crypto assets and is the core currency in the DeFi field. 4. BUSD was launched in partnership with Paxos, and is regulated by the United States but has been discontinued. 5. TUSD achieves high transparency reserve verification through third-party escrow accounts. Users can use centralized exchanges such as Binance, Ouyi, and Huobi

What are the mainstream cryptocurrencies in the world? In-depth analysis of cryptocurrency in 2025 (including website) What are the mainstream cryptocurrencies in the world? In-depth analysis of cryptocurrency in 2025 (including website) Jul 10, 2025 pm 08:36 PM

At a time when the digital economy wave swept the world, cryptocurrencies have become the focus of attention from all walks of life with their unique decentralization and transparency. From the initial geek niche experiment to the current financial landscape with a market value of trillions, the evolution of cryptocurrencies is amazing. It not only brings innovations in underlying technologies, but also gives birth to countless innovative applications, which are profoundly affecting all aspects of finance, technology and even social governance.

Leading the top 20 token rankings in the 2025 crypto market (Latest update) Leading the top 20 token rankings in the 2025 crypto market (Latest update) Jul 10, 2025 pm 08:48 PM

The top 20 most promising crypto assets in 2025 include BTC, ETH, SOL, etc., mainly covering multiple tracks such as public chains, Layer 2, AI, DeFi and gaming. 1.BTC continues to lead the market with its digital yellow metallicity and popularization of ETFs; 2.ETH consolidates the ecosystem due to its position and upgrade of smart contract platforms; 3.SOL stands out with high-performance public chains and developer communities; 4.LINK is the leader in oracle connecting real data; 5.RNDR builds decentralized GPU network service AI needs; 6.IMX focuses on Web3 games to provide a zero-gas-free environment; 7.ARB leads with mature Layer 2 technology and huge DeFi ecosystem; 8.MATIC has become the value layer of Ethereum through multi-chain evolution