The boom in demand for high-end chips powering the rise of artificial intelligence has given new life to some of the survivors of the last tech-hype cycle: cryptocurrency miners. The demand for such processors has skyrocketed with the viral success of ChatGPT, and the resulting shortage has sparked a competition to capture computing power and find workarounds.
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Crypto miners seek a new life in AI boom after an implosion in mining
“You can still make money from your mining rig,” Satoshi Spain founder Alejandro Ibáñez de Pedro said. “It’s mining 2.0.”
