Bitcoin miners are slowly becoming AI infrastructure companies. 👀
The hashrate of publicly listed Bitcoin miners in Q2/2026 fell 13.4% to 319 EH/s.
But the interesting story is on the revenue side:
Core Scientific made $136.7M from hosting, compared to only $27.5M from mining.
TeraWulf also has $31.9M in HPC revenue, higher than its $12.8M from mining.
Bitcoin mining: “What happened to us?”
AI: “I needed the electricity.” 💀
AI/HPC is pushing miners to shift from simply mining BTC to leasing electricity + compute infrastructure.
Do you guys think this is the natural evolution of Bitcoin mining, or will AI eventually cause many miners to stop mining altogether?
#Mining #AI
The hashrate of publicly listed Bitcoin miners in Q2/2026 fell 13.4% to 319 EH/s.
But the interesting story is on the revenue side:
Core Scientific made $136.7M from hosting, compared to only $27.5M from mining.
TeraWulf also has $31.9M in HPC revenue, higher than its $12.8M from mining.
Bitcoin mining: “What happened to us?”
AI: “I needed the electricity.” 💀
AI/HPC is pushing miners to shift from simply mining BTC to leasing electricity + compute infrastructure.
Do you guys think this is the natural evolution of Bitcoin mining, or will AI eventually cause many miners to stop mining altogether?
#Mining #AI