Could $389M in US chip grants accelerate Bitcoin miners’ AI pivot?

The United States Department of Commerce has pledged $389 million towards four firms manufacturing the power semiconductors necessary for the development of commercial fusion and AI data centers. It’s an investment that has the potential to ultimately flow to Bitcoin miners switching to AI hosting in search of cheaper electricity. The link between the two is not direct. But it is very real. Several miners have been spending the last two years acquiring data center space and electricity for AI clients, and Cryptopolitan has noted before that miners are looking at high-performance computing as part of their revenue diversification strategy. When the fusion projects that the government is backing deliver competitively priced power, the same miners will be natural customers.

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