According to TechFlow, the latest report from investment firm VanEck pointed out that if Bitcoin miners shift part of their energy to serve the artificial intelligence (AI) and high-performance computing (HPC) markets by 2027, they could generate an additional revenue of approximately US$13.9 billion per year.
VanEck believes that "AI companies need energy, and Bitcoin miners happen to have it." The report estimates that if listed Bitcoin mining companies shift 20% of their energy production capacity to AI and HPC by 2027, "the average additional profit can exceed $13.9 billion per year in 13 years."
