2026-03-30 08:57:14

Mining one $BTC costs $80K, and the current price is $70K

, with a loss of $19,000 per coin mined. How is this business still viable?
The miners' answer is: stop mining and switch to selling computing power to AI. 😂
CoinShares' latest report: publicly listed miners have signed over $700 billion in AI/HPC contracts. CoreWeave and Core Scientific each have contracts worth $102 billion, and Hut 8 signed a $70 billion AI data center lease.
By the end of this year, some miners' AI revenue share could reach 70%—mining has become a side business.
Their financing methods are also quite bold: selling $BTC. Core Scientific sold about 1,900 coins in January, Riot sold 1,818 coins in December last year, and even MARA has started authorized reserve coin sales.
So the old logic of "miners hoarding coins = bullish signal" needs to be reconsidered now.
Miners are now more like data center operators; $btc is their liquidity source, not a faith position.
#Bitcoin #Mining

BTC4,14%

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