<ul><li>Bitcoin mining firm Galaxy Digital is exploring the potential of AI in response to a mining slowdown caused by competition and rising difficulty.</li><li>Galaxy Digital has announced a preliminary agreement with a US hyperscaler to convert its 800 MW Helios mining facility in Texas for high-performance computing.</li><li>Other major mining companies, including Riot Platforms and Marathon Digital, are also considering AI expansions as a way to unlock new revenue streams.</li><li>In its Q3 earnings report, Galaxy Digital reported a 27% drop in Bitcoin production, but saw growth in operating revenue and remains on track with its reorganization plans.</li></ul>

Galaxy Digital explores AI potential in response to Bitcoin mining slowdown

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