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Currently, the cost of mining one Bitcoin is about $80,000, while the price is only between $66,000 and $68,000, resulting in a loss of nearly $19,000 per coin. 15%-20% of miners worldwide are facing losses.
Mining companies are frantically turning to AI, having signed $70 billion in AI/HPC contracts, selling 15,000 BTC to raise funds, while also incurring huge debts.
Hash rate has dropped from 1160 EH/s to 920 EH/s, fundamentally changing the industry model.
Mining companies are frantically turning to AI, having signed $70 billion in AI/HPC contracts, selling 15,000 BTC to raise funds, while also incurring huge debts.
Hash rate has dropped from 1160 EH/s to 920 EH/s, fundamentally changing the industry model.
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