Odaily Planet Daily News JPMorgan analysts led by Nikolaos Panigirtzoglou wrote in a report on Thursday that cryptocurrency miners are now providing high-performance computing services for the fast-growing artificial intelligence market, which may bring them profits. They added that their diversification in the artificial intelligence market has been achieved, at least in part, by selling new or previously acquired bitcoins in recent quarters.
JPMorgan Chase said that Bitcoin miners are exploring new business avenues ahead of the upcoming halving event, which will reduce their rewards and intensify competition from rising computing power. (The Block)