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Crypto

Bitcoin Miners Burn Through Billions Chasing AI Revenue

Guavy AI Editorial Team
Instruments
BTC
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Public Bitcoin miners have spent $5.11 billion on capital assets in the first half of 2026, but their directly reported artificial intelligence (AI) and high-performance computing (HPC) revenue totals only $341.2 million.

This creates a significant spending-to-revenue ratio of 15 to 1 overall.

However, AI and HPC revenue did see a 52% increase in the second quarter, reaching $205.8 million collectively among the nine miners examined by BlocksBridge Consulting.

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