Big Bitcoin mining company, Riot Platforms, is trying something new! They're not just mining Bitcoin anymore. They're looking into using their powerful computers for Artificial Intelligence (AI) and other super-fast computing projects. This is like using your super-fast gaming computer to help scientists, too!
- Riot wants to make more money using its powerful computers in new ways.
- Many Bitcoin miners are doing the same thing because making Bitcoin is getting harder and less profitable.
- Riot hired some experts in AI and computing to help them.
- Even though it's risky, it could be really good for the company and Bitcoin's future.
| Fact | Number |
|---|---|
| Bitcoin mining difficulty | Very high! |
| Daily revenue from some mining machines | As low as $10.4 |
| Market cap increase for Bitcoin mining companies | 14% |
| Riot's Stock Price (Today) | $11.16 |
