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Publicly traded Bitcoin miner Bitfarms says it will wind down its BTC operations and pivot to AI infrastructure, after reporting Q3 net loss up 92% YoY to $46M (Logan Hitchcock/Decrypt) from Techmeme RSS feed.
Publicly traded Bitcoin miner Bitfarms says it will wind down its BTC operations and pivot to AI infrastructure, after reporting Q3 net loss up 92% YoY to $46M (Logan Hitchcock/Decrypt)
Logan Hitchcock / Decrypt:
Publicly traded Bitcoin miner Bitfarms says it will wind down its BTC operations and pivot to AI infrastructure, after reporting Q3 net loss up 92% YoY to $46M — Bitcoin miner Bitfarms will end its Bitcoin operations in the coming years, shifting focus to providing infrastructure for growing AI demand.