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<p>A new report from Morgan Stanley suggests that tech companies could save billions by partnering with <a href="https://ultramining.com/news/en/hut-8s-q2-2023-a-bitcoin-mining-marvel/">crypto miners</a> to access energy infrastructure. With the rapid growth of AI and cloud computing, technology companies are facing long wait times—up to 3.5 years—to launch new <a href="https://ultramining.com/news/en/crypto-miners-shift-gears-ai-is-the-new-gold-rush/">data centers</a>. By partnering with crypto miners, which already have access to substantial power reserves, tech firms can drastically cut these wait times.</p> 
<p>The report highlights that a partnership with a crypto miner controlling at least 100 megawatts of energy <a href="https://ultramining.com/news/en/bitcoin-miners-set-for-a-tough-ride-as-2024-halving-nears-jp-morgan/">production</a> could not only save time but also reduce costs for tech companies. As competition for energy intensifies, more tech firms are expected to strike deals with crypto miners, making it a lucrative opportunity for miners looking to diversify their revenue streams.</p>

Tech Companies Could Save Billions by Partnering with Crypto Miners

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