Eight publicly listed Bitcoin mining companies, including Bitfarms and Core Scientific, are transitioning to AI infrastructure as the industry faces significant challenges. Over the past 18 months, these firms have begun shifting operations due to a 35% decline in hashprice and a 30% drop in Bitcoin's price from its 2025 peak. Bitfarms plans to exit Bitcoin mining by 2027, converting its Washington site into an AI data center. Core Scientific and Riot are adopting hybrid models that integrate AI capabilities. This strategic pivot is driven by the potential for AI data centers to generate up to 25 times more revenue per kilowatt-hour compared to traditional mining. As miners diversify their revenue streams, altcoins may become more attractive to investors seeking opportunities in the evolving crypto landscape.