{"id":88405,"date":"2024-06-04T00:13:07","date_gmt":"2024-06-04T04:13:07","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=88405"},"modified":"2024-06-03T23:53:35","modified_gmt":"2024-06-04T03:53:35","slug":"bitcoin-miners-sink-millions-into-ai-businesses-seeking-billions-in-return","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2024\/bitcoin-miners-sink-millions-into-ai-businesses-seeking-billions-in-return.html","title":{"rendered":"Bitcoin miners sink millions into AI businesses, seeking billions in return"},"content":{"rendered":"\n<p>CNBC) For five years,&nbsp;<a href=\"https:\/\/www.cnbc.com\/quotes\/BTC.CM=\/\">bitcoin<\/a>&nbsp;miner&nbsp;<a href=\"https:\/\/www.cnbc.com\/quotes\/CORZQ\/\">Core Scientific<\/a>&nbsp;has quietly been diversifying out of mining and into artificial intelligence, a market that will require immense amounts of power to handle the training of AI models and the massive workloads that follow. On Monday, Core Scientific announced a 12-year deal with cloud provider CoreWeave to provide infrastructure for use cases like machine learning. <\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/06\/03\/bitcoin-miners-sink-millions-into-ai-business-seek-billions-in-return.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CNBC) For five years,&nbsp;bitcoin&nbsp;miner&nbsp;Core Scientific&nbsp;has quietly been diversifying out of mining and into artificial intelligence, a market that will require immense amounts of power to handle the training of AI models and the massive workloads that follow. On Monday, Core [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-88405","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88405","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=88405"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88405\/revisions"}],"predecessor-version":[{"id":88415,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88405\/revisions\/88415"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=88405"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=88405"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=88405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}