Bitcoin mining revenue hits historic low as infrastructure is sold to AI giants permanently altering the network’s security

The euphoria of October’s record highs has evaporated, leaving the industrial backbone of the Bitcoin network facing a brutal reality check. According to CryptoSlate's data, Bitcoin is currently trading near $78,000, a level that represents a punishing decline of more than 38% from its all-time high of over $126,000 just four months ago. While casual […] The post Bitcoin mining revenue hits historic low as infrastructure is sold to AI giants permanently altering the network’s security appeared first on CryptoSlate.