Bitcoin Miners Are Pivoting to AI to Survive. Core Scientific Entered the Race Years Ago
Coindesk
2024-10-23
Core Scientific is expanding its AI deal with CoreWeave.
Russell Cann, Core Scientific’s chief development officer, talked to CoinDesk about the particulars of the bitcoin miner’s multi-billion dollar infrastructure agreement with CoreWeave.
AI fleets and bitcoin mining operations have very different requirements, Cann said, with AI clusters being much more capital intensive.
Bitcoin miner Core Scientific (CORZ) revealed a deal on Tuesday to help cloud-computing firm CoreWeave expand its artificial intelligence capabilities.