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Bitcoin Conference: Mining Transitions to AI
ME News message. On May 3 (UTC+8), 2026, at the Bitcoin Conference in person, traditional mining companies are undergoing a structural shift toward AI computing power. Due to high electricity costs and depressed computing power prices, publicly listed mining firms such as MARA, Bitdeer, Riot, and others are selling Bitcoin, converting their mining sites into AI data centers, and signing computing power contracts worth hundreds of billions of dollars. Meanwhile, Chinese modular data center solutions have been favored by North American capital during this transformation. (Source: MLion)