Bitcoin miners are undergoing a transformation that could redefine the sector. Companies may shift from cryptocurrency mining to high-performance computing infrastructure. Mining revenue is projected to plummet from around 85% of total revenue in early 2025 to less than 20% by the end of 2026 for companies that have secured AI contracts, according to CoinShares' 2026 outlook. The shift represents a move away from volatile, low-margin mining operations toward stable, high-margin data center contracts with ma ...