Bitcoin Miners Are Finding Promised AI Panacea Can Be Elusive

November 4, 2025

Bitcoin Miners Are Finding Promised AI Panacea Can Be Elusive – Bloomberg

A technician walks near cryptocurrency mining rigs at the Bitfarms Bunker facility in Sherbrooke, Quebec, Canada, on Monday, Sept. 9, 2024. Photographer: Graham Hughes/Bloomberg

David Pan writes on the converging worlds of artificial intelligence and the large-scale computing companies that power the world’s largest cryptocurrency.

Even before the latest spate of market volatility, investing in publicly-traded Bitcoin miners has always been fraught.