Part 6/12:

Consequently, many miners are pivoting toward Artificial Intelligence (AI) and High-Performance Computing (HPC). Unlike Bitcoin mining, which typically relies on ASICs optimized for hash calculations, AI workloads depend on GPUs/TPUs capable of handling diverse data-intensive tasks. Since AI generates 2 to 5 times more revenue per kWh compared to BTC mining, this shift is viewed as a logical diversification.

The AI Opportunity and Strategic Moves

Leading companies are actively reorienting their infrastructures:

• Some, like Bit Farms, have announced plans to exit Bitcoin mining entirely by 2027.

• Others, like Core Scientific, which faced bankruptcy in late 2022, have transitioned to providing AI and HPC infrastructure.