For the first time since Sept 2025, BTC's 7-day average hashrate has fallen below 1 ZH/s. A -4.34% difficulty adjustment is expected in ~3 days.
What’s driving the exodus? 🧵
1️⃣ The AI Pivot: Major mining firms are reallocating power resources to AI compute services, chasing higher margins. 2️⃣ Manufacturer Dominance: Bitdeer is aggressively deploying proprietary rigs, poised to become the #1 North American miner by hashrate. 3️⃣ Bitmain’s Shadow Expansion: Bitmain appears to be scaling its own hashrate via secondary channels and partnerships.
The Bottom Line: While manufacturers are plugging in their own surplus stock, the net outflow of hashrate confirms the immense pressure on miner profitability. AI isn't just a trend; it's actively competing for the grid.
Bitcoin Hashrate Alert: A Shift in the Mining Landscape 📉
byu/Aggressive-Hall1913 inbtc
Posted by Aggressive-Hall1913
1 Comment
This is how it starts. The whole narrative starts to collapse as we end up back to having hobbyists doing the mining.