AI data center spending is eclipsing crypto’s hoped-for supercycle as Bitcoin miners shift capital toward high-performance computing infrastructure.
After years of debate in some corners of the crypto industry, Bitcoin and digital assets could be on the verge of a long-awaited “supercycle,” typically defined as an extended, structurally driven boom that lasts beyond a normal market cycle.
However, the only development resembling such durable, capital-intensive expansion may be underway in AI infrastructure, according to the latest newsletter from Blockbridge Consulting, which has been rebranded to TheEnergyMag from TheMinerMag.
In the newsletter, analyst Wolfie Zhao described a “trillion-dollar build supercycle” tied to AI data center infrastructure.
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