“Miners and Data Centers for AI are increasingly competing for access to cheap energy, which can cause a new wave of institutional investment in bitcoin production. This is stated in the Gomling Institutional report. The struggle for energy-centered for artificial intelligence has significant financial resources and ready to offer a higher price for energy infrastructure, displacing miners. However, the miners […]”, – WRITE: Businessua.com.ua
Miners and Data Centers for AI are increasingly competing for access to cheap energy, which can cause a new wave of institutional investment in bitcoin production. About it The Gomling Institutional report said.
Fighting for energy Date-centers for artificial intelligence have significant financial resources and are ready to offer a higher price for energy infrastructure, displacing miners.
However, miners have an advantage – flexibility. They are able to place equipment in remote regions without the need for a high-speed Internet, which they cannot afford the AI companies. This was stated by Gomling Institutional Director Jeremy Dreyer.
He predicts that over the next 5-10 years, competition for energy resources will lead to a new influx of institutional capital in bitcoin mining. In his opinion, after starting the ITF, the next step of the large players will be the production of cryptocurrency.
Institutions will come on a “unbroken” bitcoin Large investors and corporate treasures are looking for ways to add digital gold to balances at a market price. They are increasingly considering the variant of non -landscape production of coins that have not yet been in circulation.
According to Theminermag, in the first quarter of 2025 the average cost of production of one bitcoin was about $ 64,000. By the end of the year, the figure could exceed $ 70,000 – about 70% lower than the current market price of about $ 119,000.
Diversification and innovation Some mining companies are already diversifying business to use this trend. For example, Riot Platforms has suspended the expansion of power in Texas to investigate artificial intelligence capabilities.
Iren (previously known as Iris Energy) also announced a strategic transition to a cloud-based cloud, according to Gomling.
The Dreyer predicts that many public miners who have switched to AI will return to the production of bitcoin when they will see a new influx of institutional investment in the industry.
Recall that the Minging company Terawulf has signed a 10-year contract with a cloud-platform of Fluidstack. With Google’s support, the miner will provide about 250 MW of $ 3.7 billion.
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