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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mPony@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

if the tech company is lucky, they can sell whatever their product is to customers. Only issue is, there’s not enough customers eager enough to part with their money. A pyramid scheme fails if it can’t hang losses on consumers.

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