Crypto
Bitcoin Mining Difficulty Hits Historic Low Amid AI Shift
The Bitcoin network's mining difficulty has plummeted to around 125.8 trillion, marking its lowest point in ten consecutive months.
This unprecedented drop is largely due to a decline in profitability for BTC miners, who have seen their revenue decrease by as much as 27% over the past year.
The shift towards Artificial Intelligence (AI) hosting has accelerated, with companies like TeraWulf and Cipher investing heavily in AI data centers.