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AI is the new "Golden Klondike" for miners in 2026?
The world of mining has changed forever. If previously we only talked about hash rate, today the key term is HPC (High-Performance Computing). Why are giants like MARA and Bitdeer actively retrofitting their data centers for Artificial Intelligence?
According to the latest reports, AI contracts generate 3 times more revenue per megawatt of power than traditional bitcoin mining. The operational margin from AI deals reaches 80-90%, while in mining it often amounts to less than 20% due to the high network complexity.
According to the latest reports, AI contracts generate 3 times more revenue per megawatt of power than traditional bitcoin mining. The operational margin from AI deals reaches 80-90%, while in mining it often amounts to less than 20% due to the high network complexity.
⚡ Sandvik to Deploy Battery-Swap Electric Mining Rigs at Eldorado Gold Mine
Eldorado Gold is significantly scaling up its battery-electric mining fleet by ordering 10 Sandvik battery-swap rigs — expanding from 2 to 12 units — to electrify operations at its Lamaque gold mine in Québec, Canada.
• The order — worth about SEK 160 million (~US$17 M) — includes battery-electric trucks and loaders planned for delivery from mid-2026 into 2027.
• Sandvik’s equipment uses fast battery-swap technology (AutoSwap & AutoConnect) to minimize downtime and boost productivity underground.
• The move supports Eldorado’s push for lower emissions, improved safety, and operational efficiency compared to diesel machinery.
Electrifying mine fleets with battery-swap rigs reduces diesel dependency, cuts emissions and heat underground, and can improve safety and uptime — marking a strategic shift in sustainable mining technology at scale.
#MiningTech #Sandvik #ElectricVehicles #GoldMining #SustainableMining $XAU $PAXG
Eldorado Gold is significantly scaling up its battery-electric mining fleet by ordering 10 Sandvik battery-swap rigs — expanding from 2 to 12 units — to electrify operations at its Lamaque gold mine in Québec, Canada.
• The order — worth about SEK 160 million (~US$17 M) — includes battery-electric trucks and loaders planned for delivery from mid-2026 into 2027.
• Sandvik’s equipment uses fast battery-swap technology (AutoSwap & AutoConnect) to minimize downtime and boost productivity underground.
• The move supports Eldorado’s push for lower emissions, improved safety, and operational efficiency compared to diesel machinery.
Electrifying mine fleets with battery-swap rigs reduces diesel dependency, cuts emissions and heat underground, and can improve safety and uptime — marking a strategic shift in sustainable mining technology at scale.
#MiningTech #Sandvik #ElectricVehicles #GoldMining #SustainableMining $XAU $PAXG
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