Bitcoin miners are expanding into artificial intelligence and high-performance computing due to mining costs surpassing Bitcoin's price at the end of Q2 2026. The average cost to mine one Bitcoin was about $75,500, while the Bitcoin price was $58,400. Miners like Bitdeer are growing AI cloud services alongside mining, reporting significant increases in AI capacity and Bitcoin production. Others, like Core Scientific, are canceling planned mining equipment orders, reflecting a strategic shift toward data center and AI businesses amid rising costs and declining mining revenue per computing power unit.
Bitcoin miners expanding into AI and high-performance computing face a market where 19 of 50 major cryptocurrencies on Pluang rose and 30 fell. Notable price changes include AAVE at Rp2.969.730 (+3.67%), COMP at Rp438.015 (-3.58%), and ZIL at Rp63 (-2.80%). This snapshot is as of Oct 01, 2026 18:44 WIB.
An analyst at Truist Financial raised Wells Fargo's price target to $95, suggesting a 20.74% upside from its current price. This optimism is driven by expected strong third-quarter earnings of $1.85 per share and $22.34 billion in revenue, surpassing...
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