Bitcoin miners are getting a new AI hedge, but it may protect them from the wrong risk

GPU-rental benchmarks may price one layer of AI capacity while HIVE and Riot retain project and financing exposure. The post Bitcoin miners are getting a new AI hedge, but it may protect them from the wrong risk appeared first on CryptoSlate.
Coins in this story
Discussion
Related stories

SEC’s latest crypto rules only open a few of Wall Street’s ‘million doors’ – Bitwise CIO Matt Hougan
Bitwise CIO Matt Hougan doesn't think Washington's crypto-friendly turn is the moment that completely unlocks Wall Street. In an interview with CryptoSlate, he described the real barrier as something far less dramatic than a single landmark bill. The “brutal real answer” is that it comes down to a million small steps…

US rule rewrite looms for $200B on-chain venue Hyperliquid as Trump signals onshore approval
President Donald Trump said Aug. 19 that CFTC Chair Michael Selig is working to bring Hyperliquid to the US in a fully compliant, legal way. Hyperliquid's official interface currently keeps US persons off the platform, part of the regulatory geography that let crypto's largest perpetual futures venue grow up outside…

Bitcoin is closing in on $80,000 and already destroyed a record $4 billion in short bets
Bitcoin surged toward $80,000 on Friday, extending a three-day rally that has liquidated more than $4 billion in bearish bets and pushed the cryptocurrency to a three-month high. Data from CryptoSlate shows Bitcoin climbed as high as $78,449, gaining more than 10% over the past 24 hours before easing to $77,873 as of…