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[Bitfarms to Gradually Shut Down Bitcoin Mining Operations and Shift to AI Data Centers] Crypto mining company Bitfarms announced plans to gradually shut down its Bitcoin mining operations over the next two years and focus on providing high-performance computing (HPC) infrastructure for artificial intelligence (AI) applications. Due to the decline in Bitcoin prices, which has narrowed profit margins, Bitfarms also plans to repurpose its facility in Washington State to support AI or high-performance computing tasks.

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