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Core Scientific's AI deal return not a model for Bitcoin miners, Bernstein says · Cyprus Report

Business · World

Core Scientific's AI deal return not a model for Bitcoin miners, Bernstein says

1 sourceFirst reported 6 days agoUpdated 6 days ago

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Core Scientific has reported a 75% return on investment from an AI deal, which Bernstein considers an outlier for the bitcoin mining industry.
Bernstein estimates that TeraWulf has a 5% return on assets, while Cipher stands at 4%.
The firm suggests that Core Scientific's performance does not represent a standard template for other bitcoin miners.
The analysis highlights the significant differences in capital expenditure advantages among mining companies.

Generated by AI from the 1 sources below · always verify with the originals

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Core Scientific’s 75% return on AI deal isn’t the template for bitcoin miners, Bernstein saysThe Block · 6 days ago

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AI summary: catch up in 20 seconds

Core Scientific has reported a 75% return on investment from an AI deal, which Bernstein considers an outlier for the bitcoin mining industry.
Bernstein estimates that TeraWulf has a 5% return on assets, while Cipher stands at 4%.
The firm suggests that Core Scientific's performance does not represent a standard template for other bitcoin miners.
The analysis highlights the significant differences in capital expenditure advantages among mining companies.

Generated by AI from the 1 sources below · always verify with the originals