Bitcoin hashrate at 4-month low as AI competes for the grid: Analyst

Bitcoin's hashrate has dropped to a four-month low, falling below 1 zetahash per second, as competition for energy resources intensifies from the growing demand for artificial intelligence. This decline comes despite a recent uptick in profitability for Bitcoin miners, highlighting the ongoing challenges within the crypto mining sector.

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Source: CoinTelegraph · Report an issue