[Analysis: AI Compute Expansion Competes for Cheap Electricity, Bitcoin Miners Accelerate Transformation] Deep Tide TechFlow reports, on April 7, according to CoinDesk, AI company Anthropic announced its largest compute collaboration agreement to date with Google and Broadcom, planning to deploy next-generation TPU compute power at multi-gigawatt scale starting in 2027. The company's annualized revenue is projected to leap from $9 billion at the end of 2025 to $30 billion. The large-scale expansion of AI infrastructure is directly competing with Bitcoin mining for scarce resources such as grid access, land, cooling facilities, and cheap electricity. Cambridge tracking data shows global Bitcoin mining continues to consume approximately 13 to 25 gigawatts of electricity, while Anthropic's single agreement locks in several gigawatts of capacity. AI has already become one of the largest sources of new electricity demand in the U.S. Against this backdrop, Bitcoin miners are accelerating their transition to AI hosting services. Core Scientific has shifted a significant portion of its compute power to AI hosting, while Iris Energy and Hut 8 have expanded their high-performance computing revenue streams. Riot, MARA, and Genius Group collectively sold over 19,000 BTC last week, indicating that relying solely on mining revenue is increasingly unsustainable for operations. Analysts point out that, with Bitcoin prices around $69,000, network-wide hash rate at an all-time high, and energy costs continuing to rise, leasing infrastructure to AI companies is often more economically viable than mining.