• squaresinger@lemmy.world
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    2 hours ago

    Mining hardware is shortlived. These things get outdated real fast and need to be replaced frequently. So what they do is when a mining rig is up for replacement, they just swap it out for an AI rig.

    The real asset for mining is the infrastructure: rack space, access to cheap electricity, data centers. All of that is very useful for AI as well.