Coin Bureau|Sep 09, 2026 20:13
🤖WILD: Bitcoin miners are abandoning Bitcoin for AI as it generates 25x more revenue per kilowatt-hour.
Bitcoin's hashrate has dropped up to 21% from its peak as public miners sign tens of billions in contracts to convert facilities into AI data centers.
In Texas alone, 73% of all new large-load power requests came from AI, not mining.
Galaxy Digital, CleanSpark and IREN are already converting mining sites to AI, with some projecting AI could account for 70% of their revenue by year-end.(Coin Bureau)
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