Despite the fluctuations in the price of #Bitcoin recently, the demand for mining has not decreased. This was confirmed by the CEO of Abundant Mining. The main idea is that miners do not operate with a day-to-day mentality, but rather plan for long cycles.
According to him, many mining companies take advantage of periods of volatility to expand their operations or purchase equipment at better prices, preparing for the next phase. Profitability here does not depend solely on the price of #Bitcoin, but on operational efficiency, energy management, and the quality of the equipment.
The important signal is that mining activity continues even during fluctuations, and this often reflects long-term confidence in the network itself, not just a bet on short-term prices. For many miners, volatility is an opportunity, not a threat.