📌 MAROKO133 Update crypto: 3 Crypto Companies Jumping on the AI Bandwagon – And Ge
The economics of crypto mining are shifting. Rising costs, particularly for electricity and the computational hash rate for cryptocurrencies such as Bitcoin, make the mining industry less profitable.
Crypto mining companies are shifting to AI as a result. Why? For starters, AI training could provide a safer and more consistent source of revenue than the volatile crypto industry.
Why Crypto and AI Companies Are Offering The Best Returns On Wall Street
The crypto market’s inherent volatility makes revenue unpredictable.
In contrast, AI data centers offer recurring revenues, which have high growth and consistently high profit margins.
Meanwhile, Bitcoin’s 2024 halving cut mining rewards in half. That forced mining companies to reassess their business models.
Right now, the economics are compelling. AI data centers offer dramatically better returns on the same infrastructure. They can generate up to 25 times more revenue per kilowatt-hour than traditional crypto mining operations.
Also, crypto mining companies stand in a strong position to benefit from AI demand.
They have power agreements, data center locations, agreements for low-cost electricity – a powerful recipe for meeting today’s AI demand.
More importantly, by shifting to serving AI needs, crypto mining companies can benefit from a higher market valuation as the AI story plays out.
Dozens of former Bitcoin mining firms have begun to repurpose their infrastructure into AI data centers, turning their GPU-rich, power-intensive setups into rentable compute farms for training, inference, and high-performance computing.
As these companies shift from a Bitcoin or broader crypto play to AI, they’re also being treated as AI plays. As a result, their stocks are seeing a higher share price and valuation.
With dozens of opportunities in the space today and more upside ahead as data centers continue to be built out globally, many companies look attractive as small-cap opportunities amid the AI buildout today.
Hive Digital Technologies (HIVE)
HIVE Digital Technologies has shifted as a pure crypto play to a dual play on crypto and AI infrastructure.
The company has executed an impressive strategic pivot, evolving from bitcoin mining to high-performance computing.
It is aiming for a $100 million run rate using Nvidia AI chips.
This transformation leverages existing infrastructure while tapping into the higher-margin AI market.
HIVE’s bitcoin mining capacity rose 10.4 EH/s by May 2025, a 58% month-over-month surge, with plans to reach 25 EH/s by late 2025.
The company’s commitment to renewable energy operations in Canada, Sweden, and Paraguay positions it favorably worldwide—and in areas with plentiful low-cost, environmentally friendly energy.
HIVE’s AI expansion includes strategic investments in Nvidia GPU clusters, with operations expected to scale significantly.
HIVE is a leader in first-mover advantage in the mining-to-AI transition. It holds critical infrastructure like cheap power and data centers.
“The lesson here is that bitcoin miners were the stepping stone for the AI business. They sourced stranded, wasted, and surplus electricity going nowhere. Bitcoin miners went and found a way to extract that energy and create economics out of it. That’s what’s really important. We’re the stepping stone for the great AI boom that we’re experiencing right now,” notes HIVE Executive Chairman Frank Holmes.
Plus, as of August 2025, HIVE boasts a substantial treasury holding of 2,201 BTC ($251.73 million value), allowing it to profit from Bitcoin’s rise without the economics of mining for it.
Core Scientific (CORZ)
Core Scientific is another company making the shift from cryptocurrency mining to AI data center infrastructure.
The company expects “a relatively equal split” between crypto mining and AI in 2025, representing “a radical shift from the high volatility bitcoin mining space moving into the data center” busine…
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🔗 Sumber: www.beincrypto.com
📌 MAROKO133 Hot crypto: Top Crypto Regulator Adrienne Harris Exits Key Financial P
Adrienne Harris will step down as superintendent of the New York Department of Financial Services, ending a four-year tenure that placed her at the center of Wall Street oversight and US crypto regulation.
Governor Kathy Hochul announced on Monday that Harris will be succeeded by Kaitlin Asrow, who becomes acting superintendent on Oct. 18.
Asrow has spent the past four years leading licensing and supervision of digital asset companies as executive deputy superintendent of research and innovation at the agency.
During her time at the regulator, Asrow helped build one of the largest digital asset supervisory teams in the world. She previously worked at the Federal Reserve and the Center for Financial Services Innovation, now called the Financial Health Network.
Harris Took Charge Of NYDFS In 2021 Amid Crypto Growth
The NYDFS, established in 2011, oversees a wide range of entities including global banks, insurers, mortgage lenders, money transmitters and crypto companies operating under New York’s BitLicense framework.
Its reach covers giants such as JPMorgan Chase, Barclays and Deutsche Bank, as well as digital asset providers including Coinbase, Circle and Paxos.
Harris took over as superintendent in 2021 and quickly became one of the most prominent crypto regulators. She expanded the department’s virtual currency unit from three staff to more than 60 specialists, building what is considered the world’s largest crypto supervisory division.
NYDFS Issued First US Standards For Dollar-Backed Stablecoins
Her approach combined consumer protection with clear guidance for companies. Under her leadership, the NYDFS issued eight regulatory guidelines. These included the first US standards for dollar-backed stablecoins. They also covered rules for handling customer assets during crypto insolvencies and practices for using blockchain analytics to combat financial crime.
In addition, Harris worked to update the BitLicense regime, first introduced in 2015. She refined policies on coin listings and delistings. She also clarified the rules for “greenlisted” tokens. Further, she extended the framework to stablecoins issued on blockchains such as Ethereum and Solana. These changes went on to influence federal proposals and international debates on digital asset regulation.
Supporters say her leadership positioned New York as a global benchmark in regulating digital assets. Critics, however, pointed to the burden of compliance for startups, which often view New York as one of the toughest markets to enter.
Global Coordination On Market Structure Adds To Regulatory Demands
Harris’ exit comes at a time of mounting pressure on financial regulators. They must balance innovation with systemic safeguards. Moreover, the rise of stablecoins, debates over central bank digital currencies and global talks on market structure all highlight the importance of state-level leadership in shaping US policy.
Meanwhile, Asrow’s appointment signals continuity, especially in digital assets. Her experience in building supervisory capacity for crypto firms will be crucial. In addition, she is expected to guide the agency through its next stage as the industry faces both rapid growth and growing scrutiny.
The post Top Crypto Regulator Adrienne Harris Exits Key Financial Post After Four Years appeared first on Cryptonews.
🔗 Sumber: cryptonews.com
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