🚨 Bitcoin Miners Pivot Hard to AI & HPC: $70B+ in Projects as Mining Losses Hit $19K per BTC! ⛏️🤖💰
Bitcoin mining is under serious pressure — mining one BTC now costs miners roughly $19,000 more than it’s worth.
In response, many public mining companies are making a bold shift: selling portions of their BTC reserves to fund massive investments in AI and High-Performance Computing (HPC) infrastructure.
According to CoinShares, publicly listed miners have already announced AI & HPC collaboration projects worth over $70 billion — a clear industry-wide pivot from pure BTC mining to becoming large-scale computing power providers.
This move could diversify revenue streams and help miners survive the current hashprice squeeze while positioning them for the booming AI data center demand.
Are miners smart to diversify into AI/HPC, or should they stay focused on Bitcoin? 👀
