Bitcoin Difficulty Logs 11.16% Reduction, Largest Drop Since China’s 2021 Mining Crackdown

Key TakeawaysBitdeer added 65.1 MW in Malaysia, lifting secured AI Cloud capacity to 206.5 MW.The shift shows bitcoin miners chasing steadier AI revenue from existing power infrastructure.Bitdeer targets...

Bitcoin miners have signed more than $100 billion in AI contracts while generating barely $1.1 billion in annualized revenue.More than 4 gigawatts of artificial intelligence and high-performance computing...

Key TakeawaysEthiopian Electric Power (EEP) cut bitcoin miners to 23% of contracted power after reservoir inflows fell 20%.Ethiopia’s miners used roughly a third of electricity while generating 35%...

Mining services firm Luxor estimates that about 235 exahashes per second (EH/s) of capacity in specialized Bitcoin mining machines is sitting idle.Its Sept. 8 report puts that equipment...