Why is this shift to 2.0 necessary? The industry demands it for several reasons:
By May 2026, Bitcoin miners in the U.S. had secured over 27 gigawatts of planned power capacity and announced more than $90 billion in AI‑related agreements. CoinShares estimates that listed miners could derive as much as 70% of their revenue from AI by the end of 2026, up from roughly 30% today. The pivot is so pronounced that Morgan Stanley has rated successful hybrid AI miners like Core Scientific and TeraWulf as “overweight,” while downgrading those overly reliant on Bitcoin income.
that deliver superior hash rates with significantly lower power consumption. Smart Infrastructure : Modern facilities utilize advanced mining containers
However, the fundamental reality remains: mining is a competitive business with real costs and real risks. There are no shortcuts to guaranteed wealth. The "2.0" label represents a genuine improvement in user experience and transparency for some platforms, but it has also been co-opted by fraudulent operators seeking to appear legitimate. Crypto Factory Mining 2.0
The pivot toward AI and HPC infrastructure is expected to accelerate. With mining revenue share for transitioning companies expected to drop below 20% by late 2026, the industry’s center of gravity is shifting decisively toward hybrid business models that combine cryptocurrency mining with AI hosting. Bitfarms’ CEO Ben Gagnon stated that potential returns from AI hosting could surpass all previous mining income. IREN secured a landmark $9.7 billion, five‑year GPU cloud computing agreement with Microsoft, including a 20% upfront payment, and will deploy NVIDIA GB300 GPUs starting in 2026.
Crypto Factory Mining 2.0: The Next Era of Industrial Digital Asset Production
No exploration of Mining 2.0 would be complete without addressing trust. The cloud mining space has historically been rife with scams, and investors must exercise extreme caution. Third-party evaluations reveal significant warning signs: Why is this shift to 2
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In North America, AgriFORCE has launched its first bitcoin mining site in Berwyn, Alberta, using stranded natural gas to power 120 ASIC miners. The facility currently delivers over 32 petahashes per second, turning off-grid natural gas into energy-backed digital infrastructure.
: Many mining factories are repurposing their high-end GPUs to handle computational workloads for training generative AI systems. CoinShares estimates that listed miners could derive as
Modern mining operations have evolved from hobby garages full of buzzing GPUs into sophisticated, industrial-scale data centers. Big farms are massive industrial complexes optimized for mining—scale is critical because the more machines operating, the higher the productivity and potential profit.
Success breeds attention. Not from regulators—but from predators.
Beyond the Clean Cloud Act, U.S. lawmakers have reintroduced bills requiring crypto miners to disclose their emissions and directing the EPA to report on the effects of crypto mining. Meanwhile, some countries are taking a more accommodative approach. Russia, for example, has become increasingly bullish on crypto mining. In June 2025, a Russian power firm (Power Systems) and the financial management firm Finam launched a closed‑end mutual investment fund called “Crypto Factory,” which invests in natural‑gas‑powered Bitcoin mining rigs and provides regular payouts to qualified investors, assuming a baseline return of 49% per annum and a break‑even point at Bitcoin prices above $35,000.
For years, regulators hated mining. Senator sessions in the US labeled it a "nuisance." However, Crypto Factory Mining 2.0 is walking into government buildings with a different pitch.
If you'd like me to focus on a specific aspect, please let me know if you'd like to explore: on ROI for immersion cooling A comparison of major mining firms that fit the 2.0 model