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Home›Crypto›Market Structure›Keel shuts all US bitcoin mining operations amid AI pi…

Keel shuts all US bitcoin mining operations amid AI pivot

The Block reports the company is moving from mining to supplying AI infrastructure, ending its US mining activity as that shift continues.

Reported · Written up by our desk · Market Structure

Keel has shuttered all of its bitcoin mining operations in the United States as it continues a strategic pivot toward AI-related infrastructure, The Block reports.

The outlet says the move follows a broader pattern among Bitcoin miners, many of which have been reducing emphasis on mining in favor of taking on roles tied to AI infrastructure supply.

The Block notes Keel is aiming to become an AI infrastructure supplier rather than a miner, signaling a further withdrawal from US mining activity.

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Sources

The BlockKeel shutters all US bitcoin mining operations amid continuing AI pivot

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