Crypto Miners Shift to AI as Bitcoin Struggles
Bitcoin mining firms are actively considering using their mining infrastructure to build AI data centers.
Bitcoin miners are repurposing their data centers for AI infrastructure.Firms like Core Scientific, Iris Energy, and Hut 8 are at the forefront of this shift.
AI workloads can generate up to 25 times more revenue per MW than Bitcoin mining.
Bitcoin mining may face a new crisis in 2025 as the hum of GPU clusters replaces the sound of BTC mining rigs.
What began as a quiet experiment among a few desperate miners has now become a migration of an entire industry – from digital gold to artificial intelligence.
As energy costs rise and halving rewards diminish, Bitcoin miners are rethinking their identity.
Instead of minting coins, they are renting out their hardware to train large language models, fulfill AI inference requests, and host cloud infrastructure.
This isn't the end of mining – it's a new kind of mining boom.
The Post-Halving Squeeze
Bitcoin's April 2024 halving reduced rewards, sending shockwaves through an industry already grappling with rising energy prices.
The average hashprice – daily revenue per terahash – plummeted from $0.12 last spring to less than $0.05 by mid-2025.
For many miners, the math simply stopped working.
Electricity alone accounts for up to 90% of operating costs, and with fluctuating Bitcoin prices squeezing margins, miners began searching for stability. From Mining to Machine Learning
AI infrastructure doesn't just need electricity – it devours it.
Companies like Microsoft, Google, and OpenAI desperately need computing power, and building new data centers takes years.
Miners already have everything AI needs most: massive energy contracts, cooling systems, and industrial-scale hardware ready to be repurposed.
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