Comment on Major Bitcoin mining firm pivoting to AI, plans to fully abandon crypto mining by 2027 as miners convert to AI en masse — Bitfarm to leverage 341 megawatt capacity for AI following $46 million Q3 loss

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jj4211@lemmy.world ⁨6⁩ ⁨days⁩ ago

One this is all speak to convince investors to throw money, so they’ll cheer pick their interpretation.

In this case I think they refer to already having the real estate, buildings, power and cooling. So “all” they have to do is rip out their rigs and dump a bunch of nVidia gear in. All they need is just a few hundred million from some lucky investors and they will be off…

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