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      US Bitcoin Miners Adjust Operations Amid Rising AI Data Center Demand

      Bitcoin miners in the United States are facing significant challenges as the surging electricity demand from artificial intelligence (AI) data centers forces them to alter their business models or risk obsolescence. The global electricity demand from AI workloads reached approximately 29.6 gigawatts by the end of 2025, marking a dramatic increase of around 200 times from 2022. This surge has created intense competition for grid capacity, which Bitcoin miners are struggling to compete for economically.

      As a result, many Bitcoin miners are pivoting their operations towards AI and high-performance computing (HPC) workloads. The hashrate of Bitcoin's network has declined from over 1.14 zettahashes per second to between 868 and 900 exahashes per second by mid-to-late 2026, a drop of approximately 15-21%. Publicly traded mining companies have signed contracts worth between $70 billion and $90 billion for AI and HPC hosting, with projections indicating that AI could account for up to 70% of their revenue by the end of this year.

      One notable case is Hyperscale Data, which suspended its mining operations at a facility in Michigan in September 2026 to pursue a potential $1.2 billion AI contract. The recent Bitcoin halving, which reduced block rewards, has further pressured miners to adapt. With Bitcoin's price experiencing volatility after peaking near $126,000, mining margins have been squeezed from both sides.

      Despite controlling over 27 gigawatts of planned power capacity across the U.S., miners face a $50 billion funding gap as they attempt to transition to AI workloads. Regulatory challenges, such as New York's moratorium on new or expanding data centers exceeding 50 megawatts, add another layer of complexity to their efforts. The future of Bitcoin mining may hinge on whether these operators can successfully navigate these transitions and secure the necessary capital and partnerships.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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