Bitcoin’s Great Unplug: $1.5 Billion in Hardware Behind the AI Pivot
5 Articles
5 Articles
$1.5 Billion in Hardware Behind the AI Pivot - Invest In Crypto News
This article first appeared in Miner Weekly, a weekly newsletter by Blocksbridge Consulting curating the latest news in energy, compute, infrastructure, and data analysis from The Energy Mag. A previous Miner Weekly issue estimated that public miners lost 75 EH/s of realized hashrate while their directly reported HPC and AI revenue rose 52% quarter over […]
Bitcoin miners traded on exchanges achieved a hash rate of 75 EH/s in the first half of 2026, earning approximately $1.5 billion at $20 per terahash. IREN recorded a loss of $638.8 million in value.
Bitcoin’s Great Unplug: $1.5 Billion in Hardware Behind the AI Pivot
The hashrate public bitcoin miners shed in the first half of 2026 carries an uncomfortable price tag: roughly $1.5 billion in equivalent hardware investment, even at an assumed acquisition price of just $20 per terahash (TH/s). This article first appeared in Miner Weekly, a weekly newsletter by Blocksbridge Consulting curating the latest news in energy, […]
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