Bitcoin miners are ditching hashpower for hyperscale as multibillion-dollar artificial intelligence (AI) contracts outpay mining by a wide margin, forcing a rethink of the industry that secures the world’s largest cryptocurrency. Bitcoin Mining Economics Struggle as AI Offers Higher Returns Per Megawatt What started as a side hustle has turned into a full-blown identity crisis […]
Source link
Bitcoin’s post-retarget relief for miners was real, but narrow.Using a BTC price of $84,751, the completed difficulty increase and the latest gross hashprice is about $40.31 per petahash...
Read more
