Bitcoin Miners Are Becoming AI Companies: Selling BTC for Data Centers
Bitcoin miners are selling BTC to build AI data centers. IREN, Core Scientific, and TeraWulf each target 70% of revenue from AI by end of 2026.
Mining
In this category we explore the world of mining, the fundamental process through which transactions are validated and new cryptocurrencies are created. Learn about the techniques, hardware and strategies used by miners, as well as the dynamics that influence this evolving industry. We will also look at the environmental impact and opportunities of mining in digital economies.
15 Posts
Nvidia's $25B Bond and Bitcoin Miners Racing Into AI
Nvidia raised $25 billion in bonds on June 15, 2026, fueling AI infrastructure. Bitcoin miners are following the money, targeting 70% AI revenues by end-2026.
AI Energy Use: Data Centers Racing Toward 950 TWh by 2030
Global data centers will consume 485 TWh in 2025, nearly doubling to 950 TWh by 2030, per IEA data. AI is the engine behind this surge.
Bitcoin Miners Are Becoming AI Companies — The 2026 Pivot Explained
Bitcoin miners are pivoting to AI — fast. CoinShares projects 70% of listed miner revenues will come from AI by end-2026. Here is what is driving the shift.
Bitcoin Mining Crisis: Hashrate Plunges Below 1 ZH/s as Miners Capitulate
Bitcoin's network hashrate has fallen below 1 ZH/s as mining difficulty drops nearly 8%. Industry analysts call it structural capitulation — and major miners are pivoting to AI.
BlockFills: 75 Million Lost, Funds Frozen
BlockFills, a Chicago-based crypto lender backed by Susquehanna and CME Ventures, froze the funds of institutional clients after accumulating losses of $75m between loans, mining and trading.
Brazil Pushes Bitcoin Mining with Zero Duties
Brazil introduces zero tariffs on SHA256 hardware and focuses on Bitcoin mining to absorb excess renewable energy. After GECEX Resolution 861, Engie also evaluates plants at Assu Sol, turning mining into industrial leverage against energy curtailment.
Half a million euro evaded in Emilia-Romagna with crypto trading
The Guardia di Finanza of Piacenza uncovers a EUR 500,000 tax evasion linked to Bitcoin and Ethereum mining and undeclared wallets.
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