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Bitcoin Mining Margins Tighten as AI Pivot Accelerates, Coinshares Says

By bitcoin.com
Mar 26, 2026
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AI Boom Reshapes Bitcoin Mining Sector, Coinshares Report Shows
Source: Coinshares report on mining. “The weighted average cash cost to produce one bitcoin among publicly listed miners rose to approximately US$79,995 in Q4 2025,” Butterfill said in the report on Wednesday. Source: Coinshares report on mining.
FAQ 🧭 Why are bitcoin miners struggling in 2026?Lower bitcoin prices and rising hashrate have compressed margins and pushed costs near breakeven. What is hash price and why does it matter?Hash price measures miner revenue per unit of computing power and directly impacts profitability. Why are miners moving into AI?AI infrastructure offers steadier returns compared to mining under current market conditions. Will bitcoin mining recover?Profitability depends largely on bitcoin’s price, with higher prices expected to improve margins.
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