Re:Bitcoin miners are losing on every coin produced as diffi...
by mathgeek on Saturday April 11, 2026 @09:36AM
(#47730484)
Article covers that briefly.
[ Parent
| on HN ]
Re:Bitcoin miners are losing on every coin produced as diffi...
by suryajena on Saturday April 11, 2026 @11:10AM
(#47731292)
> The publicly traded miners have been adapting by diversifying into AI and high-performance computing, which offer more predictable revenue than mining bitcoin at a loss. Marathon Digital, Cipher Mining, and others have been building out data center capacity alongside their mining operations.
Yes, it does but lacks depth, the problem here is they are diversifying not pivoting and by virtue of game theory for each miner they stand to win on others exit, as the mining difficulty goes down, but this is creating a loss-loss situation.