In April 2025, when CoreWeave struck its $2.9 billion bet on expansion (largely debt-driven), few blinked. After all, it had already made the transition, from Ethereum miner to AI cloud contender, years earlier. What seemed then like a contrarian bet now looks more like an inevitability. The real story is that CoreWeave isn’t alone: a wave of crypto miners and infrastructure operators are quietly repurposing their power, data halls, and technical DNA into AI compute platforms.Why the pivot is...

In April 2025, when CoreWeave struck its $2.9 billion bet on expansion (largely debt-driven), few blinked. After all, it had already made the transition, from Ethereum miner to AI cloud contender, years earlier. What seemed then like a contrarian bet now looks more like an inevitability. The real story is that CoreWeave isn’t alone: a wave of crypto miners and infrastructure operators are quietly repurposing their power, data halls, and technical DNA into AI compute platforms.Why the pivot is...