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.

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