AI Energy Race Dey Spur Institutional Bitcoin Mining Surge

Bitcoin mining companies dey face increased competition for cheap, renewable power from AI data centers. According to GoMining Institutional, big-pocket AI firms dey outbid miners for power infrastructure auctions. This power competition don force some miners make dem pause or shift operations, although plenty still get advantage by dey deploy rigs for remote, off-grid areas. Jeremy Dreier, MD for GoMining Institutional, dey predict say this power race go trigger a new wave of institutional investment inside Bitcoin mining over the next five to ten years. With spot Bitcoin ETFs wey dey gain traction, institutions dey try secure “native” Bitcoin at production costs—estimated at $64,000 per coin for Q1 2025 and e go rise pass $70,000—compared to the $119,000 spot price. In response, public miners like Riot Platforms and Iris Energy don divert resources to AI projects, but Dreier dey expect make dem come back as capital dey rotate back to mining. Meanwhile, Block Inc. don launch energy-efficient rigs to extend equipment lifespan and reduce costs. Traders suppose watch how mining operations dey change and new institutional funding dey emerge for clues on Bitcoin supply and price movements.