In the shadowed valleys of our digital age, where the relentless march of progress grinds the bones of the obsolete, a new specter haunts the crypt of Bitcoin. Charles Edwards, the oracle of Capriole Investments, has sounded the alarm: the Bitcoin mining network, once the bulwark of decentralized power, is crumbling into the maw of artificial intelligence. Within two to three years, he prophesies, mining revenue shall plummet to a mere 30%, as if the very soul of Bitcoin is being siphoned away by the silicon sirens of AI.
The Great Betrayal: Miners Trade Pickaxes for Microchips
In a missive dispatched via the modern-day oracle, X, Edwards chronicles the betrayal of the Bitcoin mining industry. Like Judas with a motherboard, major public mining companies have turned their backs on the blockchain, seduced by the glittering promises of AI. Below, a tableau of their treachery-a table of public miners forsaking their first love for the allure of high-performance computing.
Behold, the evidence is as plain as the nose on a GPU: every company listed has pledged fealty to AI. Yet, their devotion remains half-hearted, for their new god has yet to fill their coffers. A paltry 13% of their revenue comes from AI, while Bitcoin still clings to its majority stake. But mark my words, this is but a fleeting reprieve. By 2027-2028, these turncoats aim to draw 80% of their lifeblood from AI, leaving Bitcoin to wither on the vine. “From 90% to 30% in two to three years!” Edwards declares, his voice echoing through the digital wilderness.
And what of the rewards for such apostasy? Those who embrace AI with open arms-targeting 80%+ revenue-have seen their stocks soar like Icarus, up 500% on average. Meanwhile, the lukewarm converts, those content with less than 60% AI revenue, have barely kept their heads above water, their returns a mere tenth of their bolder brethren. Some have even sunk into the red, their two-year returns a testament to their timidity.
Bitcoin, once the unassailable fortress of decentralized finance, now stands on shaky ground. Its mining network, the very foundation of its security, is being hollowed out by the insatiable appetite for AI. The energy once dedicated to hashing out blocks is now being diverted to train algorithms and crunch data. The Hashrate, that sacred measure of computational might, has begun its descent, though whether this is due to the AI pivot or the mere whims of market price remains a matter of debate.

Yet, even if AI has not yet dealt the final blow, the writing is on the wall. “Bitcoin, once the titan of computing networks, is collapsing into AI at a pace that would make the fall of Rome blush,” Edwards laments. The irony is as thick as a blockchain: the very network that promised to liberate us from the clutches of central authority is now being subsumed by the next great centralizing force.
BTC Price: A fleeting glimmer in the gathering storm
As of this writing, Bitcoin hovers around $76,200, a 5.5% rise in the past week. But what is a price surge in the face of existential crisis? The miners, once the guardians of the blockchain, are abandoning their posts, leaving Bitcoin to fend for itself in a world increasingly dominated by AI.

And so, we stand at the precipice of a new era, where the old gods of cryptocurrency are cast down, and the new gods of artificial intelligence rise to take their place. Will Bitcoin survive this transition, or will it be but a footnote in the annals of digital history? Only time will tell. But one thing is certain: the miners have chosen their side, and it is not with Bitcoin.
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2026-04-18 04:57