The Bitcoin mining sector is attracting renewed investor interest due to Bitcoin's recent rally and the convergence of AI-focused business models with mining. Companies like Core Scientific and Iris Energy are positioning themselves to tap into the high-growth AI market. Core Scientific has a 12-year partnership with AI hyperscaler CoreWeave expected to generate up to $3.5 billion in revenue. They are also issuing convertible senior notes to strengthen their financial standing and expand their computing capabilities. Iris Energy has expanded into AI and recently invested in high-performance GPUs, diversifying revenue beyond Bitcoin mining. Both companies offer compelling investment opportunities in the evolving landscape of AI and mining.



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