
Whoa Black Suits Are Buying Bitcoin Miners?
Alright picture this: I'm strollin' through the stock market – 'cause even MIB agents gotta diversify their portfolio ya know? – and I see Core Scientific's stock doin' the cha cha up 35%! Turns out Wall Street Journal is whisperin' 'bout CoreWeave some AI big shot maybe lookin' to scoop 'em up. Makes you wonder if these AI fellas are gonna start usin' Bitcoin to buy galaxies or somethin'. First Bitcoin now this? It's like the whole world is turnin' into a giant confusing neural network.
From Mining Coins to Mining Data – Talk About an Upgrade!
Remember last June? Core Scientific shares jumped when they said they were gonna get all cozy with CoreWeave and their AI business. Looks like that was just the warm up! Now they're talkin' real money – billions in contracts megawatts of power. They're basically turnin' old Bitcoin mines into AI data centers. It's like takin' a horse and buggy and turnin' it into a spaceship. Good move if you ask me. Keeps things interesting.
Five Billion Dollars? That's a Lot of Worms!
So this deal could give Core Scientific a market cap of almost $5 billion. Five. Billion. Dollars. That's a lot of squid heads! Apparently CoreWeave tried to lowball them last year but Core Scientific was all 'Talk to the hand!' and now they're lookin' like geniuses. Makes you wonder what kinda alien tech they're hidin' in those data centers.
Bankruptcy to Boom: The Lazarus Pit of Tech!
Talk about a comeback story! Core Scientific went bankrupt then boom they're all about AI! It's like they hit the reset button with a Neuralyzer. They're makin' bank by lettin' AI companies use their infrastructure. They're even projectin' over ten billion in revenue. That's enough to buy a whole lotta Neuralyzers in case things go sideways.
AI is the New Black (Hole)
Everyone's jumpin' on the AI bandwagon. Bitcoin mining? That's so last year. Now it's all about trainin' these AI overlords. It seems like these companies are racin' to build the biggest baddest AI data centers they can get their hands on. This is getting interestinger and interestinger.
Don't Just Repurpose Rebuild! (Or Risk a Zapping)
But here's the catch: some eggheads are sayin' you can't just slap some AI stuff on old Bitcoin hardware. Gotta build new stuff from scratch. Otherwise you're gonna end up with a bunch of useless machines. And trust me you don't want to waste money or time. Always build new. It's like tryin' to make a flying car out of a taxi. It's just not gonna work.
Comments
- No comments yet. Become a member to post your comments.