AI Is Taking Power, Not Bitcoin Place, Says ViaBTC CEO
- AI is reshaping Bitcoin mining as major firms shift resources toward AI and HPC.
- Bitcoin mining remains strong where cheap, surplus and flexible power is available.
- The 2028 halving will push miners to improve efficiency and secure lower-cost energy.
Artificial intelligence is changing the Bitcoin mining industry by increasing demand for electricity, data centers, land and investment. But ViaBTC CEO Yang Haipo says AI will not push Bitcoin mining out of the market.
Instead, the two industries will compete for resources while Bitcoin mining moves toward cheaper and more flexible power sources.
In a recent analysis, Yang said Bitcoin mining has already gone through a major adjustment. Network hashrate rose above 1.1 zettahashes per second (ZH/s) in October 2025 before falling to more than 900 exahashes per second (EH/s) several times this year.
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