# Pete Rizzo Says AI Data Center Crackdown Could Shift Miners to Bitcoin By Simon Yoon Canonical URL: https://www.tokenpost.com/news/technology/56538 Published: 2026-11-13T10:11:23.000Z Updated: 2026-11-13T10:11:23.000Z Section: Technology > His Nov. 13 post offered no details about the alleged crackdown, named no Schwab executive and identified no miners that had made the shift. Pete Rizzo claimed Charles Schwab had linked an unspecified crackdown on AI data centers to miners shifting computing capacity back to Bitcoin (BTC). In a Nov. 13 post, Rizzo gave no details about the alleged crackdown, identified no policy action and named no Schwab executive. He framed a shift from AI computing to Bitcoin mining as a possible response but did not identify miners that had made the move. Rizzo previously attributed a [six-month $100,000 Bitcoin target]() to Schwab. ## Links in this article - [six-month $100,000 Bitcoin target](https://www.tokenpost.com/news/investing/41401)