Bitcoin miners are becoming AI companies and selling their BTC to fund the transition

2026-3-30 05:30

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, and liquidating bitcoin treasuries to finance the shift. origin »

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Bitcoin (BTC) íà Currencies.ru

$ 67616.37 (+0.09%)
Îáúåì 24H $30.469b
Èçìåíåèÿ 24h: 1.42 %, 7d: -1.17 %
Cåãîäíÿ L: $65207.4 - H: $67737.16
Êàïèòàëèçàöèÿ $1352.941b Rank 1
Öåíà â ÷àñ íîâîñòè $ 65924.05 (2.57%)

bitcoin doesn work industry math trading contracts

Èñòî÷íèê: coindesk.com

bitcoin doesn → Ðåçóëüòàòîâ: 126


What Bitcoin Hater Warren Buffett Thinks of Crypto Doesn’t Matter, Here’s Why

To most in the cryptocurrency community, Bitcoin (BTC) is a paradigm-shifting asset with unlimited potential. But to Warren Buffett, one of the world’s most well-respected investors, it is something with little-to-zero intrinsic value, and resembles “rat poison” more than it does shares in his favorite companies: Coca-Cola, Dairy Queen, or GEICO.

2019-6-7 14:00


Brazilian President Claims He Doesn’t Know What Bitcoin Is, Affirming We Have a Long Way to Go

Brazilian president Jair Bolsonaro says he doesn’t know about Bitcoin The Brazilian government has also blocked a crypto-related initiative Although there were many individuals claiming that Jair Bolsonaro, the president of Brazil, was going to support the expansion of virtual currencies, the reality is that he does not know what this virtual currency is. This […]

2019-6-6 17:43


Billionaire Investor Stan Druckenmiller Still Doesn’t Believe in Bitcoin’s Potential

Since 2016, Druckenmiller has repeatedly expressed his skepticism over Bitcoin’s potential as a viable, long term store-of-value (SOV). The billionaire has also stated in the past that the flagship crypto asset cannot serve as an effective medium of exchange since it suffers from a number of volatility based issues. As per an all-new interview with […]

2019-6-5 19:24


Ôîòî:

Op Ed: Debunking Bitcoin Myths: ‘It’s a Ponzi Scheme’

The accusation that bitcoin is nothing more than a Ponzi scheme is perhaps the oldest, longest-standing criticism of the digital bearer asset. The basic idea is that there is nothing of value here and the entire purpose of bitcoin’s existence is to enrich Satoshi Nakamoto and the speculators who bought in for a few pennies or dollars in the early days by tricking others into buying in at a higher price.

2019-6-4 19:03


Ôîòî:

Bitcoin Pizza Day: How a hungry Florida man made cryptocurrency history

Nine years ago today, the first ever Bitcoin transaction for a consumer product took place after a Florida man spent 10,000 BTC on two pizzas. Since then, cryptocurrency enthusiasts across the globe have celebrated ‘Bitcoin Pizza Day,’ not because the man in question paid 10,000 BTC, but because at the time said transaction represented a milestone for Bitcoin adoption.

2019-5-22 16:00


Adding Altcoins to the Portfolio Doesn’t Make Sense: Bitcoin Developer

Bitcoin is the only sensible investment Bitcoin forks like LTC, BCH, BSV’s “quality is worse” and “there’s no risk reduction” Over-promising and under-delivering results in a “giant mess of an industry “Diversification in cryptocurrencies makes little sense,” is what Jimmy Song, a Bitcoin developer, educator, and entrepreneur explains in his latest post on Medium titled, […]

2019-5-21 21:17


Bitcoin Price Analysis BTC / USD: Correction Doesn’t Invalidate Trend

Bitcoin has started to correct lower in short-term after buying interest above the $8,000 level began to wane The four-hour time frame is currently showing a bearish head and shoulders pattern Both the four-hour and daily time frame still remain technically bullish Bitcoin / USD Short-term price analysis Bitcoin has a bullish short-term trading outlook, […] The post Bitcoin Price Analysis BTC / USD: Correction Doesn’t Invalidate Trend appeared first on Crypto Briefing.

2019-5-17 16:27


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