1 Reason Why Bitmine Could Be the Hidden Winner From the AI-Crypto Crossover

Cryptocurrency and artificial intelligence (AI) are two of the biggest technological trends so far in the 21st century. While both are exciting on their own, there are also interesting ways these technologies can intersect with and augment each other.Companies that capitalize on this AI-crypto crossover could see outsized returns. Bitmine Immersion Technologies (NYSEMKT: BMNR) is one to watch here, as this blockchain company has technology that may prove useful for AI development.Although it has been in the news recently for investing in Ethereum, Bitmine is also a Bitcoin mining company. The specialized hardware used for mining Bitcoin, ASICs, consumes massive amounts of energy and generates quite a bit of heat. To improve productivity, Bitmine uses immersion cooling technology, which submerges mining hardware in dielectric (nonconductive) fluid that absorbs heat.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool