🤔 When Bitcoin mining is no longer profitable: What do Miners switch to? According to @CryptoRank_io , the cash cost to mine 1 BTC has now increased to around $74,600, and the total cost (including depreciation and SBC bonus shares) is up to $137,800. As the network hashrate surpassed 1 ZH/s – a symbolic milestone – competition increased sharply and mining profitability plummeted. This has led many public Bitcoin mining companies $BTC to start shifting their capacity to AI/HPC, where profit margins are much higher than traditional BTC mining. As a result, the industry is splitting into two distinct models: - Infrastructure providers are switching BTC mining data centers to serve AI/HPC computing to optimize profits - Traditional Miners continue to operate in a fiercely competitive environment, with profit margins close to zero.