BlockBeats reported on July 19 that Bitcoin miners are seeking activities other than Bitcoin mining to make up for the income gap before and after the halving, such as hosting artificial intelligence computers.
As Bitcoin prices rebounded in recent days, the top five crypto mining stocks have all risen. The only laggard is Iris Energy Ltd (IREN), which has fallen 15% after Culper Research published a report last week disclosing its short position in IREN. Culper’s bearishness stems from the researcher’s belief that Iris’s facility in Childress, Texas, is not suitable for artificial intelligence (AI) or high-performance computing (HPC).
