Aaron Forster, Director of Business Development at Bitcoin mining company Luxor Technology, stated in an interview at the Consensus festival that the Crypto Assets mining industry is being accepted and naturally evolving into other markets, with large Miners transforming into electricity infrastructure providers for artificial intelligence instead of building large mines. The Bitcoin Mining business serves as a stepping stone to larger, more capital-intensive industries like artificial intelligence, which excites me because it allows for broader acceptance of Bitcoin mining. (CoinDesk)
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Luxor executives: BTC mining business is a stepping stone to larger, more capital-intensive industries like AI.
Aaron Forster, Director of Business Development at Bitcoin mining company Luxor Technology, stated in an interview at the Consensus festival that the Crypto Assets mining industry is being accepted and naturally evolving into other markets, with large Miners transforming into electricity infrastructure providers for artificial intelligence instead of building large mines. The Bitcoin Mining business serves as a stepping stone to larger, more capital-intensive industries like artificial intelligence, which excites me because it allows for broader acceptance of Bitcoin mining. (CoinDesk)