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[CoinShares: AI Profits Far Surpass Bitcoin Mining, Miners' Transition Difficult to Reverse] CoinShares report indicates that AI infrastructure generates approximately $1.5 million in profit per megawatt, three times the $500,000 from Bitcoin mining. Due to the significant economic disparity, publicly listed miners who have shifted to AI find it difficult to return to mining operations. Currently, at least 35 EH/s of hash power is planned for withdrawal, with companies like Core Scientific, IREN, Cipher Digital, and TeraWulf announcing exits or reductions in mining scale. Some AI hosting contracts have durations as long as 15 years.