
Bitcoin miners chase AI data centre demand
Bitcoin (CRYPTO:BTC) miners are increasingly expanding into AI and high-performance computing data centres to find new revenue sources.
Bitcoin (CRYPTO:BTC) miner stress has fallen to its lowest level of 2026, with multiple mining indicators entering an "undervalued" range as analysts estimate about 20% of miners are operating below production costs.
Bitcoin (CRYPTO:BTC) miners are increasingly dividing between companies investing in AI data centres and those choosing to remain focused on cryptocurrency mining as lower mining revenues drive demand for alternative income sources.
Ethan Vera, COO of Luxor Technology, joins Isabelle Lee on "Bloomberg Crypto." Many miners are shifting their focus to AI. More broadly, crypto firms are beginning to apply the infrastructure and market expertise they built around digital assets to AI, from converting mining sites into data centers to building markets for GPUs and computing power.