CoinShares: After the U.S. mid-term elections, AI data centers limit or enhance the value of Bitcoin mining farm assets
2026-11-10 08:29:32
According to CoinMeta, CoinShares, the Managing Director of Beno in France, Pellevoizin stated that after the mid-term elections in the United States, restrictions on the construction of new AI data centers in many regions may increase the asset value of existing Bitcoin mining farms, especially those that already have paying AI customers. As issues such as electricity prices and water consumption trigger public opposition, mining farms that already have electricity contracts and grid connections will have a greater advantage. The waiting time for new projects in the United States to be connected to the grid generally exceeds five years, and in some PJM regions, it averages over seven years. However, converting Bitcoin mining farms into AI data centers still requires an investment of about $8 million to $15 million per megawatt, and the actual valuation increase depends on the tenant contracts and financing capabilities.
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Source:Crypto Briefing
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