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Bitcoin Miners Freeze Selling After $30B AI Pivot Sparks Supply Squeeze

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TL;DR: Bitcoin miners reduced selling after more than $30 billion in AI infrastructure spending, while miners cut hashrate by 15% over six months. Cango and IREN led the capacity reduction, while August’s Miner Position Index spike to 2.8 r…

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Bitcoin Miners Freeze Selling After $30B AI Pivot Sparks Supply Squeeze
Crypto Economy 1h ago

Bitcoin Miners Freeze Selling After $30B AI Pivot Sparks Supply Squeeze

TL;DR: Bitcoin miners reduced selling after more than $30 billion in AI infrastructure spending, while miners cut hashrate by 15% over six months. Cango and IREN led the capacity reduction, while August’s Miner Position Index spike to 2.8 r…