Bitcoin mining will be different in 2025 – Tradingview News

In today’s version, Ben Harper of Luxor Technology introduces what is happening with Bitcoin Mining this year.

Next, Colin Harper answers Blockspace’s questions about the theme of mining and AI in the question and expert.

Sarah Morton

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Bitcoin mining has changed – it is no longer a price

The bitcoin mining investment thesis was simple – miners flourished when Bitcoin rose, and when they fell, they suffered. But in 2024, this equation changed. The investment funds circulated in Bitcoin, retailers and AI mainly reshaped the industry, which reduced the dependence of miners on Bitcoin price. Here is the reason, mining is no longer just a bet on bitcoin, and what this means for investors.

In 2023, bitcoin mining shares, such as a high-bitcoin agent for bitcoin, which exaggerates their movements-a higher height when bitcoin rose and broken more strongly when it fell. But in 2024, this pattern collapsed. Although Bitcoin reached its highest level ever, mining shares failed to restore their previous peaks.

The table below shows the changing connection between the encryption index in the Hashrate Index and Bitcoin price, comparison of weekly prices and revenues before and during 2024:

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Are bitcoin miners actually greeted in storming the artificial intelligence market?

definitely. Since 2022, Bitcoin miners are increasingly exploring artificial intelligence and high -performance calculation lines (HPC). Some of the oldest engines in this transformation are hut 8, cell, IRN, basic and digital scientific bit. Recently, RIOT has put its expansion 600 MW in Corsicana on a temporary stop to evaluate the site to download artificial intelligence, and CIPHER received an investment of $ 50 million from Softbank for its artificial intelligence project, Lancium and Crusoe Energy Benitans a multi -graphic sanctuary for artificial intelligence part From the Stargate project.

How will miners from client workers deal with the transitions of artificial intelligence? Is there one approach that suits everyone?

AI/HPC strategies of miners to miners. For example, HUT 8 and Bit Digital chose to obtain the current data center companies instead of creating their data centers from zero or update. Core Scientific, on the other hand, converts huge energy assets and infrastructure at hand in order to download AI/HPC in her partner with Coreave (RIOT can follow a similar model if you decide to convert parts of the Corsicana campus to the Data Center). Others, such as HIVE and Iren, bought graphics processing units for Cloud Ai/HPC services within their current facilities. Each of these strategies contains the HUT 8 and Bit Digital Model are low risks, and a low reward, while the Core Scientific approach is a high risk and a high reward), and we will have a better idea of ​​the most successful approach during the next a few years.

With the strong demand in the market for artificial intelligence, are the bitcoin mines of Lee Bitcoin still?

Currently, many Bitcoin mines – including Mara, Cleanspark and BitFarms – focus on bitcoin mining instead of chasing AI/HPC golden rabbit. Even if Bitcoin workers have transferred parts of their infrastructure into the AI/HPC load, they are likely to remain in Bitcoin, even if they focus this chase. Ultimately, Bitcoin and AI/HPC mining is more complementary than competitiveness, as miners can use bitcoin mining to achieve the energy investment they already paid when the demand for AI/HPC is low.

-Kullen Harper, Editor -in -chief, Blockspace

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