Bitcoin enters first hashrate bear market, Twenty One Capital CEO says
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An unusual picture is being recorded on the Bitcoin network. Despite the significant increase in the price of the cryptocurrency, the computing power used to mine it remains significantly lower than historical highs. At the end of August, the hashrate was around 914-915 EH/s, almost 21% below the record of October 2025. 316 ... More The post Bitcoin: Miners abandon mining for artificial intelligence appeared first on Thesstoday.
Twenty One Capital CEO: Bitcoin Faces First-Ever Hashrate Bear Market as Miners Pivot to AI
TLDR: Bitcoin hashrate peaked near 1.3 zettahashes late last year before a prolonged decline began. This marks the network’s longest stretch from an all-time hashrate high to full recovery. Nearly all public mining firms are shifting capacity from Bitcoin mining toward AI and HPC. Zagury says mining’s flexibility lets it stabilize power grids while pursuing [...] The post Twenty One Capital CEO: Bitcoin Faces First-Ever Hashrate Bear Market as …
Bitcoin Price Rally Fails To Spark Hash Rate Recovery As Miners Diversify Into AI
BitcoinWorld Bitcoin Price Rally Fails to Spark Hash Rate Recovery as Miners Diversify into AI Bitcoin’s price has rebounded approximately 35% from its recent low, yet the network’s hash rate has not followed suit, according to a new report from CryptoSlate. The seven-day average hash rate has remained below its all-time high for 316 days, signaling a slower-than-expected recovery in mining activity. This divergence between price and network sec…
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