Bitfarms Dumps Bitcoin To Go All-In on AI as Crypto Mining Profitability Drops

Bitcoin miners are abandoning BTC for AI, and Bitfarms just joined the list. | Credit: CCN. Key Takeaways Bitfarms will wind down Bitcoin mining over the next two years. The announcement makes Bitfarms the newest member of a fast-growing group of miners pivoting to AI. More than a dozen public BTC miners have already shifted large portions of their operations to AI infrastructure since 2024. Bitfarms Ltd., one of North America’s long-standing Bitcoin (BTC) mining firms, is officially exiting the ...