According to Crypto Briefing, Benoît Pellevoizin, Managing Director of CoinShares France, stated that restrictions on new AI data centers in many parts of the US following the midterm elections may increase the asset value of existing Bitcoin mining farms, especially those with paying AI clients. With public opposition arising from issues such as electricity prices and water consumption, mining farms with existing power contracts and grid connections will have a greater advantage. Grid connection times for new projects in the US generally exceed five years, with some projects in the PJM region averaging over seven years. However, converting a Bitcoin mining farm into an AI data center still requires an investment of approximately $8 million to $15 million per megawatt, and the actual valuation increase depends on tenant contracts and financing capabilities. https://www.(wublock123.com)/news/coinshares-us-restrictions-on-new-ai-data-centers-bitcoin-miners-reeval-71630