Bitcoin Miner Bitfarms Pivots to AI Data Centers

Bitfarms, a Toronto-based bitcoin mining company, is exploring the transformation of its facilities into AI data centers. They've hired consultants to assess their North American sites and develop a computing and AI strategy. This leverages their existing land and power resources to capitalize on the AI boom. While some critics question the feasibility due to the complexities of AI data centers, Bitfarms' CEO highlights the potential for long-term, stable cash flow, while maintaining the upside potential of bitcoin mining operations.