Bitcoin Miners Could Unlock $38 Billion – Here is How

VanEck forecasts that Bitcoin miners could generate up to $38 billion in extra revenue by reallocating 20% of their operations towards artificial intelligence (AI) and high-performance computing (HPC).

The asset management firm believes that this shift could result in an average annual increase of $13.9 billion in profits over the next 13 years.

Currently equipped with the necessary hardware and cooling systems, Bitcoin miners are already positioned to handle AI and HPC tasks. By repurposing a portion of their energy resources for these advanced computing needs, miners could see a notable boost in profitability. VanEck also predicts that this strategy might lead to a doubling of mining stock values by 2028.

Bitcoin miners’ extensive infrastructure and power resources in the U.S. make them well-suited to support AI operations, making their facilities appealing to the growing AI sector. If miners adapt their operations to include AI and HPC by 2027, they could experience a significant financial turnaround, in contrast to their current struggles.

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VanEck’s analysis suggests that this transition could nearly double the combined market value of 12 major Bitcoin mining companies, which currently totals $19.7 billion. This change could help alleviate the financial pressures faced by many miners, who have been dealing with substantial debt and high operational expenses.

Alexander Stefanov