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JPMorgan Report Shows Crypto Miners Are Diversifying Business Interests

Bitcoin mining companies are branching into fresh business domains, diversifying into high-performance computing services for the rapidly expanding artificial intelligence sector. The objective behind this shift is to decrease their dependence on the cryptocurrency market, according to a recent research report by JPMorgan.

The analysis underscores that miners have been partially funding these novel endeavors by liquidating their digital coins over the…

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