Article

The “bubble” in mining companies’ transformation AI bursts?MARA 3 Nearly down in a week

U.S. crypto mining companies are facing a winter,MARA share prices 1 down nearly over the year 64%, while Cipher’s share price plunged instead after raising funds through bond issuance 15%. The industry’s transformation AI computing power is facing a 50000000000 USD funding gap; Binance’s mining pool has shut down, and Bitdeer has liquidated its Bitcoin holdings to go all-in on AI infrastructure. Mining companies are diverging between survival and failure—who can win the delivery race?

Source: https://www.panewslab.com/zh/articles/01a1446e-6623-75ae-8b9f-20e66febe68f