Bernstein: Bitcoin miners are essential partners for AI data centre power needs

Bernstein analysts are bullish on Bitcoin mining companies, arguing that AI data centres will be forced to partner with third-party mining operators to overcome computing power shortages. The analysts say such deals are not optional but necessary as demand for AI infrastructure grows faster than power capacity. Bitcoin miners are thus positioned as critical players in the broader AI buildout.

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🪙 Crypto Bitcoin miners sell grid access to AI companies hungry for power Cointelegraph · 23d ago 💻 Technology Trump expands utility bill pledge for data centres and warns: 'You can't fight it' The Independent World · 31min ago 🔬 Science Data centres and AI consume 1–2% of global electricity, study finds Hacker News · 5h ago