Bitcoin’s Network Hashrate Is 50% Below Trend as Miners Shift to AI
10 Articles
10 Articles
CoinShares released its second-quarter 2026 Bitcoin mining report on September 15th. The report indicated that listed miners are increasingly relying on AI (artificial intelligence) infrastructure... The post Even if Bitcoin prices recover, miners won't return to AI = CoinShares first appeared on NADA NEWS.
Bitcoin Is Back at Miners’ $75,500 Cash-Cost Line. The AI Exit Is Hard to Reverse
Bitcoin has recovered to almost exactly the listed mining sector's estimated cash-cost line. Coinbase showed the token at $75,499.64 at 6:36 p.m. ET Tuesday; CoinShares calculated a weighted average ex-tax cash cost of about $75,500 for publicly traded miners in the second quarter. The symmetry is striking, but it is not a price floor. The…
CoinShares argues that the recovery of Bitcoin’s price will hardly reverse the outflow of quoted miners to artificial intelligence infrastructure, due to long-term commitments and a more favourable economy for AI. Bitcoin’s price recovery may have returned much of the mining industry above [...] Bitcoin’s entry will not recover miners who migrated to artificial intelligence was first published in Cryptoreport.
In a report published on Tuesday (15), CoinShares points out that bitcoin mining has gone through its most difficult period since the halving of 2024. That's because the network hashrate had a long and lasting fall in recent months. Mining companies, however, would not be worried about it. After all, many are migrating to serve [...] Source: CoinShares highlights pressure on bitcoin mining companies and states that companies will continue migrat…
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