Sub-category 5.3
Miner-to-AI Pivots
Bitcoin miners with powered substations, converting some/all capacity to AI hosting. Wide range of execution quality.
Players
Players: Core Scientific CORZ (CoreWeave anchor), Applied Digital APLD, Iris Energy / IREN IREN, TeraWulf WULF, Cipher Mining CIFR, Hut 8 HUT, Hive Digital HIVE, Galaxy Digital GLXY, Bitfarms BITF, Riot Platforms RIOT, Marathon Digital MARA, Bitdeer BTDR
Analysis coming soon — this page is scaffolding for deeper research into miner-to-ai pivots.