GoMining predicted a new hype around bitcoin mining.

# GoMining has predicted a new hype around Bitcoin mining.

Miners and data centers for AI are increasingly competing for access to cheap energy, which could stimulate a new wave of institutional investment in bitcoin mining. This is stated in a report by GoMining Institutional.

Struggle for Energy

Data centers for artificial intelligence have significant capital. They have started offering higher prices for energy infrastructure, pushing miners out.

However, the latter have an advantage - flexibility. They can place equipment in remote locations without high-speed internet, unlike AI companies. This was stated by the managing director of GoMining Institutional, Jeremy Dreyer.

He predicts that in the next 5-10 years, competition for energy resources will lead to a new influx of institutional investments in bitcoin mining. According to him, after spot ETFs, the next step for large capital will be precisely cryptocurrency mining.

Institutions will come for "virgin" bitcoin

Institutional investors and corporate treasuries are looking for ways to add digital gold to their balances at a price lower than the market price. They are increasingly considering the possibility of mining "virgin" (virgin) coins that have not yet been in circulation.

According to TheMinerMag, in the first quarter of 2025, the average cost of mining one bitcoin was about $64,000. By the end of the year, the figure could exceed $70,000. This is approximately 70% lower than the current asset price of around $119,000.

Diversification and Innovations

Some mining companies are already diversifying their business to take advantage of the trend. For example, Riot Platforms has paused capacity expansion in Texas to explore opportunities in the field of artificial intelligence.

IREN (, formerly known as Iris Energy), has also announced a strategic transition to the cloud AI business, according to GoMining.

The drayer predicts that many public miners who have switched to artificial intelligence will return to bitcoin mining. This will happen when they see an influx of institutional capital into the sector.

Recall that the mining company TeraWulf signed a 10-year contract with the cloud AI platform Fluidstack. With the support of Google, the miner will provide about 250 MW for a total of $3.7 billion.