TechBitcoin miners reportedly sign over $100 billion in AI and HPC deals, but revenue lags
CryptoSlate reports that only about 550 MW of more than 4 GW under contract is generating revenue. Annualized revenue from AI and high-performance computing is roughly $1.1 billion, it says.
TLDR
Bitcoin miners have signed more than $100 billion in artificial intelligence and high-performance computing (HPC) contracts, CryptoSlate reports. But only about 550 megawatts of more than 4 gigawatts under contract is generating revenue. The outlet puts the sector’s annualized AI and HPC revenue at roughly $1.1 billion.
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Bitcoin miners reportedly sign over $100 billion in AI and HPC deals, but revenue lags
CryptoSlate reports that only about 550 MW of more than 4 GW under contract is generating revenue. Annualized revenue from AI and high-performance computing is roughly $1.1 billion, it says.
TLDR
Bitcoin miners have signed more than $100 billion in artificial intelligence and high-performance computing (HPC) contracts, CryptoSlate reports. But only about 550 megawatts of more than 4 gigawatts under contract is generating revenue. The outlet puts the sector’s annualized AI and HPC revenue at roughly $1.1 billion.