Bitcoin hashrate recovers 11.7% from August low as miners pivot to AI
- —Bitcoin hashrate is up 11.7% from the August low
- —Listed miners are producing sharply fewer coins
- —CryptoQuant's "Miners Pivot, Hashrate Holds" report was released October 22
Why it matters: Miners splitting between AI and bitcoin mining changes BTC supply dynamics and the durability of network hashrate.
Source: Coinotag