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REALITY CHECK | Bitcoin Miners Shift Capacity Toward AI as Mining Economics Weaken Amid Over 20% Hash-Rate Drop in Q2 2026

Publicly-traded Bitcoin miners are cutting computing capacity as rising demand for artificial intelligence (AI) and high-performance computing (HPC) makes data-center operations more attractive.

BitKE

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Aug 16, 2026 at 5:00 AM UTC · Updated 3달 전 · 1 분 소요

REALITY CHECK | Bitcoin Miners Shift Capacity Toward AI as Mining Economics Weaken Amid Over 20% Hash-Rate Drop in Q2 2026
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Publicly-traded Bitcoin miners are cutting computing capacity as rising demand for artificial intelligence (AI) and high-performance computing (HPC) makes data-center operations more attractive.

Realized hash-rate among a group of public miners fell 13.4% to 319 exahashes per second (EH/s) in the second quarter from 368.3 EH/s in the fourth quarter of 2025, according to BlocksBridge Consulting.

Excluding Bitdeer, the decline was 21.2%.

The shift comes as miners repurpose power and infrastructure for AI-related workloads. Core Scientific reported $136.7 million in second-quarter colocation revenue, compared with $27.5 million from Bitcoin mining, while TeraWulf generated $31.9 million from HPC leases versus $12.8 million from mining.

Bitcoin’s network hashrate declined 10.6% over the same period, highlighting the faster retreat by some publicly traded miners.

REALITY CHECK | Keel, Formerly BitFarms, Shuts Down U.S Bitcoin Mining Operations After Q2 2026 Revenue Drops Over 50% YoY

Stay tuned to BitKE for deeper insights into the evolving Bitcoin space.

Bitcoin · 30-day price▼ 8.4%

Bitcoin moved from $82,912.7 to $75,968.9 over the last 30-day period, a decline of 8.4 percent.

Source: Kraken · NewsLayer Markets · Updated 1분 전

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