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Bitcoin Miners Aren’t Merely Mining Bitcoin. They’re About To Be The AI Power Layer

One of the biggest misconceptions about Bitcoin mining is that it’s only about Bitcoin.

It’s not.

Mining is a power business. An infrastructure business. A risk-management business. A discipline-driven business.

Bitcoin was simply the first global product built on top of that infrastructure.

And now AI has arrived with the same demands:

Power. Cooling. Uptime. Sites capable of supporting industrial-scale compute.

Suddenly, Bitcoin miners look very different.

Not like niche crypto operators, but like energy-backed infrastructure companies controlling assets the AI economy desperately needs.

The repricing is already happening

In May 2026, Hut 8 signed a 15-year AI data center lease in Texas valued at $9.8 billion. The Beacon Point Campus is projected to reach 1 Gigawatt (GW) of capacity. With extension options included, the contract value could rise to $25.1 billion.

CoinShares estimates more than $70 billion in announced AI and HPC contracts across publicly traded Bitcoin miners.

That...

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Singapore raises its 2026 GDP growth forecast to 4.5%-5.5% from 2%-4%, citing stronger-than-expected global AI investment and improved external demand

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From cost centres to AI engines: How GCCs are driving enterprise reinvention

As GCCs move beyond their traditional role as cost and delivery hubs, they are increasingly becoming strategic engines for enterprise-wide transformation. The rise of AI and Agentic AI is accelerating this shift, pushing GCCs to rethink operating models, talent, data, governance and the very way work gets done. In this

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PlayStation Discount Code: Save on PS5 Games August 2026

All products featured on WIRED are independently selected by our editors. However, we may receive compensation from retailers and/or from purchases of products through these links. Learn more. While the PS5 itself doesn’t go on sale very often, that doesn’t mean there aren’t ways of saving

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Best Casetify Promo Codes | 15% Off July

Casetify coupon codes can help you save on cases for basically anything. Be it your iPhone, your Android phone from Samsung or Google, your AirPods, or even your smartwatch, Casetify probably makes a case for it and we probably like it. Choose from hundreds of style options and use a

The repricing is already happening

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Singapore raises its 2026 GDP growth forecast to 4.5%-5.5% from 2%-4%, citing stronger-than-expected global AI investment and improved external demand

From cost centres to AI engines: How GCCs are driving enterprise reinvention

PlayStation Discount Code: Save on PS5 Games August 2026

Best Casetify Promo Codes | 15% Off July