#数字货币市场洞察 $BTC Mining calculations are getting increasingly difficult. The latest data shows that the cash cost for a single Bitcoin has already surpassed $74,600, and when you factor in depreciation and capital expenditures, the total cost shoots up to $137,800. This cost pressure is no joke—it’s directly pushing those publicly listed North American mining companies onto the fast track of transformation.

Leading players like Core Scientific and Cipher Mining have already taken action—directly converting their mining farms into HPC data centers and pivoting to take on AI computing power contracts. They’re signing long-term, large-scale deals, and some companies’ stock prices can jump 17% in a single day. If you think about it, it makes sense: mining farms already have stable, large-scale power supplies, and the sites and infrastructure can be quickly repurposed, perfectly positioning them to capitalize on the surge in AI computing demand.

It now appears that this wave of transformation isn’t just a few isolated cases, but a collective industry-wide choice made after crunching the numbers. Mining companies are taking real action to redefine their business models.