Ran Neuner
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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