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Fading QuicklySnapshot Window: 2026-08-31 19:30 UTC · ← Back to Crypto Overview
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Are Bitcoin Miners Slowly Abandoning BTC for AI Compute — and Could That Actually Help Home Miners? I’ve been looking into how aggressively some of the larger Bitcoin mining companies are moving toward AI/HPC infrastructure, and the numbers are getting pretty interesting. Riot Platforms alone announced a roughly $9.1 billion, 20-year AI data-center agreement. Averaged across the initial term, that’s around $1.25 million per day in contract revenue. That’s obviously not the same thing as $1.25M/day in profit, but I think it explains a lot about why these companies are interested. Bitcoin mining income is volatile, block rewards keep getting cut in half, difficulty/network hashrate keeps increasing, and BTC’s percentage gains from cycle to cycle have been shrinking.