VanEck: Bitcoin miners shifting 20% to AI and HPC could generate $13.9 billion in revenue per year

BlockBeats news, on August 18, VanEck pointed out in a report that if Bitcoin miners partially transform to provide energy for artificial intelligence and high-performance computing (HPC) by 2027, there is an opportunity to generate an additional revenue of about $13.9 billion per year.

The report said, "Bitcoin miners' balance sheets are usually bad, either because of too much debt, too much stock issuance, too high executive compensation, or all three."

VanEck estimates that if listed Bitcoin mining companies transfer 20% of their energy capacity to AI and HPC by 2027, "then the total additional profits over 13 years could average more than $13.9 billion per year."