The $35 Billion AI Gold Rush: How Bitcoin Miners Are Cashing In
Summary:
New Revenue Frontier: Bitcoin miners are repurposing excess compute and power capacity into AI training services, tapping into a market projected to exceed $35 billion by 2028 (Barron's)
Major Deals:
Core Scientific & CoreWeave: A flagship partnership where Core Scientific’s data centers will host CoreWeave’s AI workloads, locking in multi-year AI service contracts worth hundreds of millions (Barron's).
Mara & Marathon: Other large mining firms are in talks with AI startups to lease rack space and GPUs for model training.
Why It Works: Crypto miners already operate large, purpose-built facilities with low-cost or renewable energy—ideal for power-hungry AI data centers that demand 24/7 uptime.
Stock Market Impact: Shares of publicly traded miners have jumped 15–25% since announcing AI deals, as investors re-rate them from volatile crypto plays to diversified infrastructure providers.
Broader Implications:
Crypto Economics: Diversification helps miners hedge against Bitcoin halving events and price swings, making their business models more sustainable.
Energy Demand & ESG: The pivot raises fresh environmental questions—the combined energy draw of mining plus AI could strain grids unless fully offset by renewables.
Looking Ahead: As AI workloads grow exponentially, expect more mining outfits to market themselves as “compute-as-a-service” providers, blurring lines between crypto, cloud, and AI industries.
$BTC #BTCReserveStrategy #BTC #AI板块强势进击
Source: Cointelegraph, “The $35 B shift: how Bitcoin miners are cashing in on AI”
Credit: Cointelegraph staff
