๐จ $BITCOIN Digital Stops Bitcoin Mining, Shifts to Ethereum and Artificial Intelligence
Bit Digital ($BTBT) announces that it will completely stop its Bitcoin mining business and focus on Ethereum and artificial intelligence infrastructure, especially through its investment in the WhiteFiber project.
The company stated:
"Mining played a role in our early strategy, but it has now proven to be not the most effective use of funds."
This marks a transition from traditional cryptocurrency mining to smart technologies and the Ethereum ecosystem, which may usher in a new round of changes in the industry.
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