Mining Insights | BTC Mining Companies' Debt Soars, Accelerating Shift to AI Track

BTC mining companies' total debt surged sixfold over the past year to $12.7 billion

The production cost per BTC reached a peak of $115,000 on October 9

Mining difficulty, energy costs, and $19 billion in liquidations collectively squeeze mining company profits

Several U.S. listed mining companies are actively shifting their computing power to AI and high-performance computing fields

Data Source: VanEck | MarcoMicro$BTC

BTC
BTCUSDT
85,470.4
-1.03%

$ETH

ETH
ETHUSDT
2,827.67
-0.17%

$BNB

BNB
BNBUSDT
826.57
-2.00%

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