Bitcoin Miners’ AI Revenue Jumps as Combined Hashrate Retreats
IREN, Core Scientific and TeraWulf reported sharply higher AI-related revenue alongside a substantial reduction in their combined Bitcoin mining activity.
IREN, Core Scientific and TeraWulf reported sharply higher AI-related revenue alongside a substantial reduction in their combined Bitcoin mining activity. Bitcoin (BTC) is trading at $65,177.00, up 0.3% since this brief published. This is an original TLT brief based on reporting by Cointribune, with live market data added, as of Sun, 15 Nov 2026 22:30:05 UTC.
The figures show AI cloud and colocation becoming a larger revenue stream for Bitcoin miners, while their mining capacity contracts. The shift affects how the companies allocate infrastructure and energy between cryptocurrency mining and data-center services.
- Three miners generated about $478 million in AI-related quarterly revenue
- Combined Bitcoin hashrate fell from 32.8 EH/s to 16.8 EH/s
- The Bitcoin network hashrate was independently verified at 927 EH/s
- BTC traded at $64,993 as Fear & Greed registered Extreme Fear
Cointribune reports that IREN, Core Scientific and TeraWulf generated approximately $478 million from AI cloud and colocation services in the third quarter of 2026, up from $239 million in the preceding quarter. The company-reported figures indicate that AI-related revenue nearly doubled across the three businesses.
Over the same period, the outlet says their combined 
Bitcoin hashrate declined from 32.8 exahash per second to 16.8 EH/s. That represents a reduction of 16 EH/s, close to half their earlier combined rate, as AI services grew into a substantially larger source of revenue.
Separately, live network data from mempool.space showed Bitcoin’s network hashrate at 927 EH/s and mining difficulty at 134.8 trillion. These network-wide figures provide context for the miners’ combined rate rather than representing an additional measure of the three companies’ operations.
Bitcoin was priced at $64,993, up 1.09% over 24 hours but down 14.05% over seven days. The total crypto market capitalization stood at $2.27 trillion in a broadly positive session, while the Fear & Greed index remained at 10, labelled Extreme Fear. The immediate sector context is therefore one of rising aggregate AI revenue and reduced miner capacity, set against volatile Bitcoin conditions and severe market sentiment.
Since this brief published about 7 hours ago, Bitcoin (BTC) has moved from $64,993.00 to $65,177.00 — +0.28%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Will Bitcoin dip to $60,000 in November?
Crowd-implied probability on Polymarket, $154.21K 24h volume, resolves Dec 1 — snapshotted when this brief published (Nov 15 22:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by TLT and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 BTC ≈ ₦92.06M (about $65,177.00), up 1.8% over 24 hours. The naira itself trades about 4.5% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 15, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Bitcoin Miners’ AI Revenue Jumps as Combined Hashrate Retrea — questions & answers
How much AI revenue did the three Bitcoin miners generate?
IREN, Core Scientific and TeraWulf generated approximately $478 million from AI cloud and colocation in the third quarter of 2026, compared with $239 million in the previous quarter.
How did the miners’ combined Bitcoin hashrate change?
Cointribune reports that their combined rate fell from 32.8 EH/s to 16.8 EH/s, a decline of 16 EH/s.
What was the live Bitcoin network hashrate?
Mempool.space reported a Bitcoin network hashrate of 927 EH/s and difficulty of 134.8 trillion.
How much is 1 Bitcoin worth in naira today?
About ₦92.06M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $65,177.00. The naira price moves with both BTC's US-dollar price and the USDT/NGN rate; use our Bitcoin in naira page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is up 0.28% since this brief first published — trading at $65,177.00 now versus $64,993.00 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Cointribune. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.