Bitcoin mining companies and artificial intelligence data centers are increasingly competing for access to cheap, sustainable energy, which could trigger renewed institutional investment in the mining sector over the next decade.
AI data centers with deep capital reserves are beginning to outbid miners for power infrastructure, with more Bitcoin (BTC) miners getting “priced out” or deprioritizing mining activities, according to a July 31 research report from Bitcoin mining infrastructure provider GoMining Institutional.
Still, the flexibility of…
