As big bitcoin miners chase AI profits, individuals get another shot at the rewards

From the source

Several companies offer access to bitcoin mining without the hassle of running equipment, but high costs and the 2028 reward halving make profits uncertain. In the early days of bitcoin BTC $77,456.19 , way back in 2009, individuals could mine the cryptocurrency using ordinary home computers, earning rewards for helping process transactions on the proof-of-work network. Some early miners accumulated thousands of coins before the arrival of specialized mining rigs pushed hobbyists out. Nearly two decades later, companies are trying to bring individuals back, offering ways to earn BTC without buying and operating expensive machines at home. But making a profit remains difficult, even as some of the largest industrial miners exit the business to focus on artificial intelligence (AI) data centers in search of better returns. “It's still hard to make money as an individual miner, and it's not going to get any easier,” said Ivo Georgiev, founder and CEO of crypto wallet company Ambire, who…

BestAIBroker analysis

• Finance-aware sentiment: neutral (+0.00 on a -1 to +1 scale).
• Event classification: EARNINGS.
• Market importance score: 49/100, weighting entity relevance, source credibility, multi-outlet coverage and recency.
• Symbols referenced: BTC.