The Satoshi Spain mining company has re -profiled its equipment for II – Bits Media

Spanish company Satoshi Spain, which sold and leased equipment for mining during cryptocurrency boys, Now it has re -profiled its equipment for the needs of AI.

“You can still make money on your mining equipment. it mining 2.0 ', - said the founder of Satoshi Spain Alejandro Ibanyes de Pedro (Alejandro Ibanez de Pedro). 

Now the company's equipment is used to teach artificial intelligence algorithms (II) For various startups and universities in Europe.

Satoshi Spain is not the only company in the cryptocurrency market, which drew attention to the rapid growth of the popularity of AI algorithms, for the training of which powerful devices are required. Against the background of the lull in the mining segment, some companies will reproduce their equipment for the extraction of cryptocurrencies for the needs of the AI ​​algorithms.

After changing the method of mining cryptocurrency in the Ethereum blockchain, Millions of graphic accelerators are ceased to be used to extract digital assets. Companies use the ability to re -profile equipment for teaching AI algorithms to extract benefits. Experts believe, that minimum 20% such processors can be used to work with AI.

Recently popular ChatGPT chat boot, Forming a response to a request from crypto industry experts about the possible movement of the cost of bitcoin at the time of the nearest halving, predicted, that this event will become a catalyst for "mass bull races".