Bitcoin Collapses as AI Steals Miners’ Electricity 🤯

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For the first time in four months, the Bitcoin hashrate has dipped below 1 zetahash-a tragic love story of power, profit, and artificial intelligence playing the other woman.

The Bitcoin network, once proud and buzzing like a summer beehive, now limps along at approximately 993 EH/s. A mere number, yes, but one that speaks volumes-like a man counting his remaining hair in the mirror. This is the lowest the network has felt since last autumn, and frankly, it shows.

It’s not that Bitcoin isn’t profitable anymore. No, no-it’s actually doing slightly better. The hash price has inched up from $37.15 to a hearty $40 per petahash per second per day. Thrilling stuff. Miners are earning more per unit! It’s like getting a 1% raise during a famine-kindly meant, utterly insufficient.

AI: The New Flame in Miners’ Cold, Rugged Hearts

Leon Lyu of StandardHash, in a moment of candor that borders on theatrical, declared on X (formerly Twitter, as if that matters) that miners are “choosing AI compute services.” Choose-what a romantic verb. As if they’re deciding between roses and tulips. But no, it’s simply this: AI pays better. SHA-256 mining, bless its heart, offers the kind of returns that make accountants cry into their calculators.

Bitcoin Hashrate Alert: A Shift in the Mining Landscape 📉
For the first time since Sept 2025, BTC‘s 7-day average hashrate has fallen below 1 ZH/s. A -4.34% difficulty adjustment is expected in ~3 days.
What’s driving the exodus? 🧵
1️⃣ The AI Pivot: Major mining firms are…
– Leon Lyu (@LeonLyuLv)

And who can blame them? These miners sit atop great castles of cooling towers and power lines-infrastructure perfect not for digital gold, but for training neural networks how to write poetry about unrequited love or generate deepfakes of politicians dancing the can-can. Why chisel away at Bitcoin’s blockchain when you can help an AI write a bestseller? Fame, glory, and marginally better cash flow await.

The Grim March of Profitability (Or: Hope with a Side of Despair)

Mining difficulty has dropped-from 156 trillion to a mere 146.5 trillion. A reduction, yes, like losing weight after forgetting to eat during a nervous breakdown. Less difficulty means less work for the same reward. But alas, it’s not enough. Much like serving borscht at a funeral, it’s technically nourishing but misses the point entirely.

TheMinerMag had warned of 2025-“the toughest year for miners,” they said, like prophets of doom sipping lukewarm tea. And here we are: high debts, thin revenues, and a collective identity crisis. Why mine for Bitcoin when you can rent your servers to someone teaching an algorithm to identify avocados by texture?

Related Reading: Bitcoin Bottom Signal? Short-Term Holders Finally Get Relief 😌

But Wait-Is the Truth Being Withheld?

Rumor has it-and in mining, rumors are as common as power surges-that Bitmain, that great Goliath of ASICs, may be moonlighting. Off-the-books hashrate, undisclosed partnerships. Could the real network strength be higher? Perhaps. But then again, perhaps my neighbor Sergei truly has a pet bear. We believe what we need to believe.

If true, it means the mining sector isn’t just shifting-it’s vanishing into shadow, like dissidents whispering in basements. Transparency? A quaint notion. An ideal for amateurs. The professionals? They’ve switched to AI, turned off the lights, and are now training models to predict the weather in Minsk in 2047.

In conclusion: Bitcoin’s heartbeat slows. The miners, once loyal, now flirt with artificial minds. The future hums, but not with blockchain-it hums with matrixes, gradients, and the faint, melancholy buzz of abandoned mining rigs gathering dust. One wonders if a eulogy is due… or just a really good punchline. 🧠💔🔌

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2026-01-19 14:15