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CoinShares: Bitcoin Mining in Energy-Secure Regions May Turn to Artificial Intelligence

CointimeCointime2024/05/13 09:46
By:Cointime

According to a report from CoinShares, the average production cost of each bitcoin for listed mining companies is now about $53,000. More and more miners at their energy security sites are turning to artificial intelligence, with companies like Has and Hut 8 reporting 3.6% and 2.9% of revenue from artificial intelligence, while other companies are also developing artificial intelligence projects. According to their model predictions, the hash rate will rise to 700 Exahash by 2025, and the hash price will halve to $53 per day after 2024.

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