Ran Neuner|Mar 15, 2026 12:43
AI has killed Bitcoin forever.
It became Bitcoin mining’s biggest competitor.
Not another crypto.
AI.
Because both industries compete for the same thing:
electricity.
And right now, AI is willing to pay much more for it.
Bitcoin mining revenue per MW:
$57 – $129
AI data center revenue per MW:
$200 – $500
Same electricity.
But up to 8x more profitable.
That’s why miners are starting to pivot.
Core Scientific signed a massive AI hosting deal.
Hut 8 signed a $7B AI infrastructure agreement.
Cipher Mining cut its hashrate 51% to focus on AI compute.
So a new question is emerging:
If AI becomes the highest bidder for electricity, what happens to Bitcoin?
In my new video, I break down:
• Why miners are switching
• What it means for hash rate
• And the two scenarios that could play out for Bitcoin
[link in comments](Ran Neuner)
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