While some Bitcoin miners are pivoting their facilities to support artificial intelligence infrastructure, Wu has chosen to keep his operations focused on Bitcoin mining. He explained that maintaining high-efficiency mining can provide stable cash flow and strengthen confidence among power suppliers, effectively acting as a hedge while investing in AI infrastructure at this stage.
Bitmain Uses Bitcoin Mining as Hedge Against AI Bubble
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Bitmain co-founder Jihan Wu says Bitmain will keep operations focused on Bitcoin mining, maintaining high-efficiency rigs to provide stable cash flow and strengthen power suppliers' confidence while investing in AI infrastructure at this stage.
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