GoMining: The competition between Bitcoin mining companies and AI data may trigger a new wave of institutional investment

【GoMining: The competition between Bitcoin mining companies and AI data may trigger a new wave of institutional investment】According to a report by the cryptocurrency news outlet Jinse Finance, a research report from Bitcoin mining infrastructure provider GoMining Institutional indicates that artificial intelligence data centers with strong capital reserves are starting to bid higher than miners for power infrastructure. An increasing number of Bitcoin miners are being 'squeezed out of the market' or are deprioritizing their mining activities. However, Jeremy Dreier, Managing Director and Chief Business Development Officer of GoMining Institutional, stated that the flexibility of Bitcoin mining companies allows them to expand into more off-grid areas lacking high-speed internet infrastructure, giving them an advantage over AI mining companies. 'In the next five to ten years, due to this new competition with artificial intelligence, we will enter a new golden age of Bitcoin mining, as we now have real institutional capital entering the field. Institutional capital has already flowed into U.S. spot Bitcoin exchange-traded funds (ETFs), and Dreier calls mining investment the 'next step' for these investors.