Bitcoin hashrate declines as mining capital moves toward AI infrastructure
Bitcoin's network hashrate fell by 6.3% quarter-over-quarter to approximately 940 EH/s, driven by weak mining economics and a shift in capital towards artificial intelligence (AI) and high-performance computing (HPC). The U.S., the largest Bitcoin mining market with 36.7%, contributed significantly to this decline.
Topics: AI infrastructure shift Bitcoin hashrate decline mining profitability