Bitcoin Miners Spend $5B+ on AI as Capex Beats Revenue 15:1

Bitcoin miners are pouring large sums into AI and high-performance computing (HPC) ventures, but early financial results show that the shift is still far from economically catching up with the scale of the investment. According to BlocksBridge Consulting’s latest Miner Weekly update, miners and AI-adjacent data center operators have committed tens of billions to capital [...]