January 31 (Reuters) – Bitcoin Miner Bitcarms based mostly in Toronto (Bitf.to)Open a brand new tab He has recruited two consultants to discover how he can rework a few of its amenities to fulfill the rising demand for synthetic intelligence knowledge facilities, he mentioned Friday.
Why is it necessary
Cryptographic miners typically have massive land plots and vital energy sources, property which might be additionally essential for prime efficiency computing (HPC) and AI knowledge facilities.
To capitalize on the AI growth, many miners have begun to reuse components of their operations in knowledge facilities, since they have already got many of the infrastructure.
Nevertheless, critics of the strategy warn that change might not succeed as a result of AI knowledge facilities are extra refined.
CONTEXT
Bit Farms mentioned the consultants, Appleby Technique Group and World Large Know-how, will analyze their North American websites.
They will even advise the corporate about its pc and AI technique, whereas promoting locations to potential shoppers.
Earlier this month, Riot Platforms (Riot.O)Open a brand new tabHe launched a evaluationOpen a brand new tab of the potential AI and the pc makes use of for components of its amenities in Navarro County, Texas.
Key occasion
“Contracts related to HPC/AI shoppers present fixed lengthy -term money flows and revenue flows, whereas our Bitcoin mining operations will proceed to monetize the Bitcoin versatile rising potential,” mentioned the Bitfarms CEO, Ben Gagnon .
