VanEck Says Bitcoin Miners Are 'Sitting on a Gold Mine' as AI Demand Surges

VanEck Says Bitcoin Miners Are 'Sitting on a Gold Mine' a... VanEck: Bitcoin Miners Sitting on Gold Mine as AI Rises The post VanEck Says Bitcoin Miners Are 'Sitting on a Gold Mine' as AI Demand Surges appeared first on Cryptonews. Bitcoin miners are sitting on an asset most people have not fully priced in yet. Power infrastructure.Miners with existing power infrastructure are at the crossroads of two of the most capital-intensive buildouts underway right now. Bitcoin hash rate expansion and AI data center demand.Source: CNBCThe market has not caught up to that yet. That is the trade.Why Bitcoin Miners With Megawatts Already WinBuilding a new data center from scratch means waiting in grid interconnection queues that stretch to 2028 and beyond. Bitcoin miners already skipped that line.They have the land. The power contracts. The cooling systems. The grid relationships. That is years of lead time already locked in.Sigel pointed out that miners still trade at a massive discount to data center peers on a market-cap-per-megawatt basis. The market is either ignoring AI demand entirely or betting miners cannot execute. Industry numbers suggest execution is already happening. Public miners are targeting a jump from 7 GW today to 20 GW by 2027. LATEST: Market Context The cryptocurrency market remains highly dynamic, with digital assets experiencing significant price movements driven by institutional adoption, regulatory developments, and technological innovations. Investors should consider both the potential rewards and risks associated with crypto investments. Key Takeaways Stay updated on cryptocurrency market developments and price movements Monitor regulatory news that could impact digital asset valuations Consider risk management strategies for volatile crypto investments Published: March 12, 2026 | Source: CryptoNews