Bitcoin miners control 27GW of planned power capacity
Bitcoin miners have become key players in the AI infrastructure buildout due to their control of over 27GW of planned power capacity.
They have signed more than $90 billion in AI contracts, positioning them as critical suppliers.
Individual miners are forming major partnerships, often involving equity commitments to scale up capacity.
Google and Blackstone’s planned AI cloud venture has highlighted the importance of power availability in AI infrastructure buildout, with Blackstone committing $5 billion in equity.