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Bitcoin’s Network Hashrate Is 50% Below Trend as Miners Shift to AI

Summary by Gizmodo
A new CoinShares report says Bitcoin’s network hashrate is about 50% below its growth trend after experiencing the first six-month decline since China’s 2021 mining ban.

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.

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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.

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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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BITRSS broke the news on Tuesday, September 15, 2026.
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