CoinShares: Miners may turn their attention to artificial intelligence after bitcoin halving

CoinShares (CS) said in a report on Friday that cryptocurrency miners may turn to artificial intelligence in energy-secure regions due to potentially higher revenues following the Bitcoin halving. Coinshares noted that mining companies such as BitDigital (BTBT), Hive (HIVE), and Hut 8 (HUT) are already generating revenue from artificial intelligence. Meanwhile, TeraWulf (WULF) and Core Scientific (CORZ) already have artificial intelligence businesses or plan to grow in the field.