CoinShares: miners to earn up to 70% of revenue from AI infrastructure by end-2026
- —Hashprice fell to $29–30 per PH/s per day from $36–38 a quarter earlier
- —Miners' AI revenue share could grow from 30% to 70% by the end of 2026
- —Cost to mine one BTC in Q4 2025 was about $79,995
- —Miners announced over $70 billion in AI and HPC contracts
Why it matters: The shift of capacity to AI reduces hashrate and BTC selling pressure, but makes miners dependent on the computing market.
Source: Coincierge