CoinOtag
2025-12-10 20:14:16

Bitcoin Miners Grapple with Losses, Consider AI Pivot Amid Downturn

The Bitcoin mining downturn in 2024 is driving many operators into unprofitability due to plummeting hash prices, the April halving, and rising operational costs. Miners are underclocking machines and shifting to AI infrastructure to survive, with network hashrate dropping nearly 8% as revenues fall below break-even points. Hash price hits record low: Miners earn less [...]

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