Bitcoin miner Bitfarms has announced plans to pull back on Bitcoin mining in the coming two years and pivot toward AI-compute centers.

Bitfarms CEO Says Pivot To AI-Compute Business Could Out-Earn Bitcoin Mining

In a press release , Bitcoin mining company Bitfarms has revealed plans to convert one of its facilities to support High-Performance Computing (HPC)/Artificial Intelligence (AI) workloads.

The mining site, located in the Washington State and drawing in 18 MW of power, will be upgraded with state-of-the-art liquid cooling to support Nvidia’s AI-infrastructure cards, GB300s. Bitfarms is targeting December 2026 for the facility’s conversion.

Established in 2017, Bitfarms has established itself as one of the largest miners on the Bitcoin network, but it appears that the compa

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