Cryptominers try to pivot GPU farms to AI workloads after crypto decline

Photo credit: Photocreo via Depositphotos. Article by Daniel Sims. TechSpot – May 11, 2023.

The big picture: As the initial hype surrounding technology trends such as cryptocurrency mining, web3, blockchain, NFTs, and the Metaverse has subsided, many individuals and organizations involved seem to be redirecting their attention towards generative AI. This shift is also affecting hardware originally intended for blockchain and mining, which could potentially repurpose its processing power for AI applications. […]

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