Public Bitcoin miners cut hashrate 13.4% as AI infrastructure revenue grows
- Posted on August 13, 2026
- By Cointelegraph
- 1 Views
- 1 min read
In brief
Major public Bitcoin mining operations are strategically pivoting their business models, reducing mining hashrate by 13.4% to capitalize on the booming artificial intelligence and high-performance computing sectors. Companies like Core Scientific and TeraWulf are generating substantial revenue from infrastructure services beyond cryptocurrency mining, reflecting broader industry trends toward diversification and resource optimization in response to changing market dynamics and energy demands.
Summary auto-generated by AI from the original publisher's content. Editorial standards.
Public Bitcoin miners cut hashrate 13.4% as AI infrastructure revenue grows
Core Scientific and TeraWulf are deriving most of their revenue from non-mining activities as the industry reallocates power toward AI and HPC.
