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Bitcoin Hashrate Retreats From Record High as AI Mining Pivot Accelerates

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TL;DR Bitcoin’s network hashrate has fallen about 17% from its record high, highlighting mounting pressure on mining economics. Public miners are redirecting power toward AI and high-performance computing, with more than $70 billion in anno…

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Bitcoin Hashrate Retreats From Record High as AI Mining Pivot Accelerates
Crypto Economy 2h ago

Bitcoin Hashrate Retreats From Record High as AI Mining Pivot Accelerates

TL;DR Bitcoin’s network hashrate has fallen about 17% from its record high, highlighting mounting pressure on mining economics. Public miners are redirecting power toward AI and high-performance computing, with more than $70 billion in anno…