AI needs power, and it needs it now
The AI boom runs on one thing above all else: electricity. Data centers full of chips need huge amounts of cheap, steady power. And right now, there is not enough to go around.
In a recent conversation, LM founder Colin Yurcisin explained where this is heading. His take is simple. The companies building AI have the money. What they do not have is power that is ready today.
It's a race to power right now. I think one of the best investments you can do is buying the picks and the axes and the shovels around the AI infrastructure, right?
That "picks and shovels" idea is old but useful. In a gold rush, the people who sold tools often did better than the people digging. The AI gold rush works the same way. You do not have to bet on one chip or one model. You can own the infrastructure the whole industry depends on.
Why Bitcoin miners hold the cards
Here is the part most people miss. Bitcoin miners already have what AI companies are desperate for: signed power contracts and running facilities.
Big AI players, called hyperscalers, want power fast. But getting a new power deal takes years. AI cannot wait that long. So they are going straight to the miners who already have it.
And they're just dishing out billions of dollars because they don't have the power contracts that these Bitcoin miners have.
The reason miners have this edge comes down to timing. They built these operations long before AI became the story of the decade.
So Bitcoin miners have the power because we've been doing this for 15 years. AI just started in 2022.
That head start is why some public mining stocks have moved so sharply, as hyperscalers pay up for every bit of ready power they can find.
What this means for miners
For a Bitcoin miner, this shift is a good problem to have. The same facilities that mine Bitcoin sit on the exact resource AI companies are fighting over. That gives miners two ways to win: the Bitcoin they produce, and the value of the power and space they control.
But running a mining operation is not simple. It takes cheap, steady electricity, real facilities, and hands-on management. The average home pays around 20 cents per kilowatt hour. To mine at a profit, you need it closer to 6 to 10 cents. That kind of power is hard to find and hard to set up on your own.
This is the gap Leveraged Mining fills. LM runs a fully managed model. We source the machines, place them in facilities with cheap power, and handle setup, security, and repairs 24/7. Clients own the miners. We do the work.
The proof is in the numbers. LM manages 297.5 PH for more than 300 clients, with hosting across Kentucky, Washington, Texas, North Carolina, Pennsylvania, and Mississippi. More than 80% of clients renew. Most are mining within two weeks.
The bigger picture
AI needs power. Power is scarce. Miners already have it. That is the whole story in one line.
The catch is doing it right. Mining on your own means chasing cheap power, installing heavy equipment, and managing machines around the clock. Get any of it wrong and the math stops working. A managed partner removes that risk and gets you running fast.
This is not financial advice.
Want to see how fully-managed mining could fit your situation? Book a call and we'll walk you through it.
