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deep tech Gizmodo September 16, 2026

Bitcoin’s Network Hashrate Is 50% Below Trend as Miners Shift to AI

Bitcoin’s Network Hashrate Is 50% Below Trend as Miners Shift to AI
AI Summary

A new CoinShares report says Bitcoin’s network hashrate is about 50% below its growth trend after experiencing the first six-month decline since China’s 2021 mining ban.

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