VanEck CEO Jan van Eck said AI data centers and Bitcoin mining both depend heavily on cheap, reliable electricity, and argued that additional low-cost power from newly approved or restarted nuclear projects in the United States could improve the economics of both businesses. He said that shift could also reduce pressure on miners to sell BTC to cover electricity bills. VanEck’s latest research also found that publicly listed Bitcoin mining companies in the U.S. are continuing to redirect part of their power capacity toward AI and high-performance computing, or HPC, using long-term compute contracts to secure steadier cash flow. The firm added that with miner revenue under pressure this year, sales of newly mined BTC remain an important source of operating funds, which means lower power costs and more diversified AI-related income could, in theory, reduce reliance on token sales for financing.
VanEck CEO Jan van Eck said AI data centers and Bitcoin mining both rely heavily on cheap, stable electricity.
He said that if the United States further approves and restarts nuclear power projects, the added supply of low-cost electricity could improve the economics of both businesses and reduce pressure on miners to sell BTC to pay power bills.
According to VanEck’s latest research, publicly listed Bitcoin mining companies in the U.S. are continuing to shift part of their power resources toward AI and high-performance computing, or HPC, using long-term compute contracts to secure more stable cash flow.
The research also said that with miner revenue under pressure this year, selling newly mined BTC remains an important source of operating funding. On that basis, lower electricity costs and more diversified income from AI could theoretically reduce miners’ dependence on selling coins to raise funds.
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