Bitcoin Hashrate Rebounds to 1 ZH/s Despite Miners' AI Pivot
- —Seven-day average hashrate regained 1 ZH/s, highest since March 3
- —Difficulty rose 5.92% on October 16, with another ~5.16% gain expected
- —Bitdeer's self-mining capacity grew to 82.3 EH/s from 79.9 EH/s in August
- —Core Scientific terminated a 15 EH/s equipment deal, booking a $41.9 million loss
Why it matters: Hashrate is being rebuilt even as public miners convert sites to AI, and rising difficulty squeezes margins for remaining operators.
Source: Bitcoin.com