Bitfarms’ CEO, Ben Gagnon, has announced a significant strategic shift for the company. Over the next two years, Bitfarms will focus on abandoning its bitcoin mining business and converting its existing sites to support artificial intelligence (AI) workloads.
Leading this transition will be the company’s facility in Washington, which will spearhead the change from cryptocurrency mining to AI infrastructure.
This move marks a notable pivot for Bitfarms as it adapts to evolving market demands and explores new opportunities in the rapidly growing AI sector.
https://news.bitcoin.com/bitfarms-to-wind-down-bitcoin-mining-operations-announces-ai-pivot/
