Bitcoin Enters First Hashrate Bear Market as Miners Shift Focus to AI
Bitcoin has reportedly entered its first hashrate bear market, according to Twenty One Capital CEO Raphael Zagury. This shift comes as miners are redirecting their resources towards artificial intelligence, indicating a significant change in the mining landscape.
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Bitcoin Hashrate Enters First Bear Market as AI Pulls Miners Away
Twenty One Capital CEO Rapha Zagury says bitcoin is experiencing its first sustained bear market in network hashrate. The shift could reshape mining economics as operators increasingly compete with artificial intelligence (AI) and high-performance computing for power and infrastructure. Twenty One CEO Warns Bitcoin Hashrate Is in Its First Bear Market Bitcoin mining may be […]
Bitcoin enters first hashrate bear market, Twenty One Capital CEO says
Twenty One Capital CEO Raphael Zagury says Bitcoin has entered its first hashrate bear market as listed miners redirect capacity toward AI.