Mining Firms Turn to AI, but New Revenue Streams Still Too Small

[madtrader]

As Bitcoin mining revenue shrinks, operators are shifting aggressively into AI and high-power computing. But according to industry reports, income from AI and HPC services remains far too small to offset collapsing hash prices. The strain follows a spike in sector-wide borrowing, including near-zero-coupon convertible bonds used to survive the downturn. With competition rising and Bitcoin prices softening, miners face a challenging path to profitability.

[Nahid Hossen]

AI is promising, but miners need scalable use cases fast.

[Abdul Khan]

New tech adoption is slow—revenue gaps still wide.