Bitcoin Miners Pivot to AI, Threatening $115K Price Target
Dev.to AI
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Generative AI
Bitcoin miners are shifting to AI workloads, reducing hash power and risking BTC sell-offs that threaten the $115K price target for 2026. Key takeaways Bitcoin Miners Shift Focus to AI, Challenging $115K Price Prediction for 2026 Bitcoin’s mining giants are redirecting billions in hardware and energy toward artificial intelligence - a pivot that could derail the widely cited $115,000 BTC price. The shift is happening at speed. In Q2 2024, Hive Digital reported that 25% of its compute output was already dedicated to AI and high-performance computing, up from z.