TeraWulf bitcoin mining revenue drops 69% while HPC leasing jumps 774%

TeraWulf, a company known for bitcoin mining, saw its mining revenue fall 69% in the latest quarter. At the same time, its high-performance computing (HPC) lease revenue surged to $63 million, a 774% increase year over year.
Do you think crypto miners will increasingly pivot to AI hosting as bitcoin rewards shrink?
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