Bitcoin enters first hashrate bear market, Twenty One Capital CEO says
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12 Articles
After reaching a peak at the end of 2025, the computing power that ensures the security of the Bitcoin network is going through an unusual decline. Rapha Zagury, CEO of Twenty One Capital, describes this situation as the first "haver market for hashrate". This decline reflects above all the deterioration of the profitability of mining. Nevertheless, the phenomenon is accentuated by artificial intelligence, as many operators now reserve their ene…
Twenty One Capital CEO Sees Bitcoin Hashrate Drop as Miners Chase AI Billions
Bitcoin’s hashrate is in its first real bear market. That’s the word from Rapha Zagury, CEO of Twenty One Capital,… Read the original on Bitcoin Hashrate Plummets as Miners Shift Focus to AI Opportunities, Says CEO. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Bitcoin.com
BITRSSBitcoin Hashrate Enters First Bear Market as AI Pulls Miners Away
Twenty One Capital CEO Rapha Zagury says bitcoin is experiencing its first sustained bear market in network hashrate. The shift could reshape mining economics as operators increasingly compete with artificial intelligence (AI) and high-performance computing for power and infrastructure. Twenty One CEO Warns Bitcoin Hashrate Is in Its First Bear Market Bitcoin mining may be […]
The computing power invested in the Bitcoin network, its "hashrate," is currently experiencing its first-ever bear market. This is the opinion expressed by Rapha Zagury, CEO of Twenty One Capital, at the Bitcoin Asia 2026 conference in Hong Kong. This unprecedented situation is very different from 2021, where artificial intelligence (AI) now plays a central role. The article "Bitcoin: Hashrate Experiences First Bear Market in the Face of AI, Ac…
AI Shift Reshapes Bitcoin Mining as Hashrate Declines
Bitcoin mining is entering an unusual phase as operators decide whether power, data-center capacity and capital should keep securing the Bitcoin network or move toward artificial intelligence and high-performance computing. Twenty One Capital CEO Rapha Zagury described the current period as Bitcoin’s first hashrate bear market, arguing that the decline differs from earlier disruptions because […] Read The Full Article AI Shift Reshapes Bitcoin M…
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