We looked into this and found 35 crypto companies have pivoted or expanded into AI inference and AI compute (either part time or full time)
CEX:
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@Gate: exchange → GateRouter, one API for 170+ AI models
DePINs:
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@akashnet: decentralized cloud → AkashML managed inference
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@AethirCloud: GPU cloud → Aethir Mesh, its own LLM API
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@ionet: GPU network → io. intelligence, 40+ hosted models
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@Theta_Network: community GPUs → EdgeCloud LLM inference (beta)
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@BitTorrent: file sharing → BTTInferGrid inference network
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@Livepeer: video transcoding → AI subnet for generative inference
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@rendernetwork: GPU rendering → Dispersed, an AI and general compute subnet
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@nosana_ai: CI/CD compute → GPU marketplace for inference
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@fluence_project: CPU cloud → GPUs plus Fluence Inference (private beta)
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@spheron: compute network → managed LLM inference API
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@aleph_im: Aleph Cloud → LibertAI confidential inference
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@CUDOS_ (
@ASI_Alliance): cloud compute → ASI:Cloud inference endpoints (beta)
Restaking, L1s and privacy:
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@eigenlabs: restaking →
@darkbloomai by
@gajesh, inference on idle Macs
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@PhalaNetwork: TEE cloud → confidential inference API
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@nillion: privacy network → nilAI private inference
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@NEARFoundation: L1 → NEAR AI Cloud from
@near_ai, 62 models, 16 verifiable in TEEs
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@ton_blockchain: Telegram's chain → Cocoon, confidential inference paid in TON
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@SecretNetwork: privacy L1 → SecretAI confidential inference
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@OasisProtocol: privacy L1 → ROFL, verifiable AI in TEEs
RPC:
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@POKTnetwork: RPC relays → AI inference relays (still tiny)
Bitcoin miners:
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@TeraWulfInc: $27B+ in AI/HPC contracts
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@Hut8Corp: $26.6B contracted, AI data centers
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@Core_Scientific: $24B+ contracted, AI/HPC colocation
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@CipherInc: $16.6B in AI/HPC leases
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@IREN_Ltd: AI cloud, ~$15.9B contracted, $128.8M in FY26 AI cloud revenue
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@RiotPlatforms: $9.8B contracted
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@CleanSpark_Inc: $6.6B 20-year AI/HPC lease
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@Cango_Group: new EcoHash AI inference arm
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@Bitdeer: Bitdeer AI Cloud GPU neocloud
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@CrusoeAI: sold its mining → AI cloud with Managed Inference
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@SolunaHoldings: Soluna Cloud, hosted DeepSeek R1 inference
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@HIVEDigitalTech:
@BUZZHPC GPU cloud
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@NorthernDataGrp: sold its mining unit → now Quake AI GPU cloud under Rumble
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@BitDigital_BTBT: ex-miner, majority owner of
@WhiteFiber_ GPU cloud
7 of these miners have signed ~$126B in AI/HPC contracts.
The pivot and expansion make sense.
Miners and DePIN operate on hardware. AI demand gave their existing infrastructure a better revenue source.
Whoever already owns GPUs, power, or private compute is now selling inference or compute.