Published Nov 1, 2026, 6:20 AM ET · Updated 12 days ago · 1 source

AI wants Bitcoin miners’ power, but the contracts reveal who really gets paid

CryptoSlate
CryptoSlate
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Original Report

Bitcoin miners spent years securing cheap electricity, building substations, and negotiating the grid connections needed to power their operations. Now AI companies want those connections so badly they're willing to make aging mines valuable real estate. The ASICs that mine Bitcoin are practically useless for training AI models, but the land, substations, and power agreements… Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in