Bitcoin Miners Pivot to AI Powerhouses: Applied Digital Leads the Way

Bitcoin miners are pivoting towards powering the AI revolution, focusing on Megawatts rather than Exahash. Companies like Applied Digital and Core Scientific are shifting their focus, leveraging their existing infrastructure and power capacity to serve the growing demand for AI computing. This creates a unique arbitrage opportunity as new high-voltage transmission lines take years to bring online, and these companies already own energized, grid-connected sites.