Bernstein: Bitcoin Miners Gain Strategic Role in AI Infrastructure

According to a research note from Bernstein, Bitcoin miners are playing an increasingly critical role in the AI infrastructure supply chain. As power access—rather than chip availability—becomes the primary bottleneck for scaling AI data centers, miners are utilizing their existing grid-connected sites and extensive power capacity to support high-performance computing. With public Bitcoin miners controlling over 27 gigawatts of planned power capacity, many are diversifying their revenue streams beyond crypto mining following the 2024 halving. Companies like IREN and Soluna Holdings are already pivoting toward hosting AI data centers, capitalizing on their expertise in high-density facility management to address the long lead times required for new grid connections.

(Source：Cointelegraph)