Mining company Luxor executives: BTC mining business is a stepping stone to larger, more capital-intensive industries like AI

ChainCatcher news, according to CoinDesk, Bitcoin mining company Luxor Technology's Director of Business Development Aaron Forster stated in an interview at the Consensus festival that cryptocurrency mining is being accepted and naturally evolving into other markets, with large miners transforming into power infrastructure providers for artificial intelligence rather than building large mines.

The Bitcoin mining business is a stepping stone to larger, more capital-intensive industries like artificial intelligence, which excites me because it allows Bitcoin mining to be more widely accepted.