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Bitcoin Mining Capacity Shifts as AI Data Center Demand Grows

CoinShares said more than $70 billion in AI and high-performance computing contracts has been announced across listed mining firms as utilities reprice power access.

Summary by Cointelegraph
Core Scientific and TeraWulf are deriving most of their revenue from non-mining activities as the industry reallocates power toward AI and HPC.

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cryptocrunchapp.com broke the news on Wednesday, August 12, 2026.
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