Odaily Planet Daily News VanEck said in a recent report: "Artificial intelligence companies need energy, and Bitcoin miners have energy." The company believes that Bitcoin miners face profitability risks from fluctuations in operating costs and Bitcoin price fluctuations, and they may find that shifting some of their energy production capacity to the growing fields of artificial intelligence and high-performance computing is a good choice strategy. VanEck said: "Bitcoin mining companies usually have bad balance sheets, either because of too much debt, too many shares issued, too high executive compensation, or all three." VanEck estimates that if listed Bitcoin miners shift 20% of their energy production capacity to artificial intelligence and high-performance computing by 2027, "the total additional profit will average more than $13.9 billion per year in 13 years." At the same time, VanEck pointed out that the benefit of Bitcoin miners signing such contracts is that these artificial intelligence companies are usually willing to provide the financial resources required for capital expenditures. (Cointelegraph)