Bitcoin miners' AI pivot is turning out just as turbulent as crypto. That undercuts the diversification pitch for miners, and the AI revenue line should be treated as another high-beta cycle, not a he

What happened: Bitcoin miners that pivoted to operating AI data centers are finding the business just as turbulent as crypto, according to the WSJ report. Why it matters: The article states that running AI data centers is not any easier for these companies than bitcoin mining was, undercutting the premise of the pivot.

Bitcoin miners that pivoted to operating AI data centers are finding the business just as turbulent as crypto, according to the WSJ report.

The article states that running AI data centers is not any easier for these companies than bitcoin mining was, undercutting the premise of the pivot.