MARA CEO Says AI Delivers More Revenue From Power Than Bitcoin Mining

AI Summary MARA CEO Fred Thiel says scarce electricity can produce far higher returns when directed to artificial intelligence than to bitcoin mining. The company still plans to mine bitcoin where low-cost or surplus energy makes the economics attractive. MARA Rethinks Its Power Portfolio as AI Margins Outpace Bitcoin Mining Power, not mining machines, is becoming the […] fulltext: 369 chars | fulltext source: rss-fallback | summary method: extractive Original: https://news.bitcoin.com/crypto-news/mara-ceo-says-ai-delivers-more-revenue-from-power-than-bitcoin-mining/ Source: Bitcoin.com News