The average public miner spent $79,995 to produce one bitcoin last quarter. Bitcoin is trading at $70,000. The math doesn't work, so the industry is pivoting to AI, taking on $70 billion in contracts, ...
Bitcoin mining difficulty fell nearly 8% on March 20 to 133.79 trillion, dragging network hashrate below 1 ZH/s.
The public company has already sold a large portion of its bitcoin holdings.
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