Here are the winners and losers (so far) in bitcoin mining from Nvidia's $2B CoreWeave investment
CoinDesk
Nvidia's $2B investment in CoreWeave pressured shares of bitcoin miners pivoting to AI infrastructure, causing most to fall.Summary
Nvidia's $2 billion investment in CoreWeave, deepening their partnership for AI infrastructure, caused shares of several bitcoin miners focusing on AI—including Cipher Mining, CleanSpark, IREN, and TeraWulf—to drop between 5% and 9%. Analysts suggest this signals GPU allocation prioritization toward CoreWeave, potentially limiting funding and squeezing margins for smaller miners attempting to pivot into the AI compute space. While most miners saw declines, Core Scientific (CORZ) and Hut 8 (HUT) saw modest gains due to existing data center deals or diversified AI hosting services. The trend highlights increasing consolidation pressure as miners shift from pure blockchain validation to higher-margin AI workloads.
(Source：CoinDesk)