Bitfarms has announced a full exit from Bitcoin mining by 2026–27, redirecting its operations toward AI and high-performance computing (HPC).
Shares fell 18% after revealing a $46M Q3 loss, while its 18 MW Washington site is set to fully transition to AI/HPC by December 2026.
The company believes GPU-as-a-Service could outperform its historic Bitcoin mining revenue. ✨
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