Is Bitcoin's Future Safe as Miners Leave for AI? Analyst Claims Bitcoin Mining Is ‘Unprofitable'

Key Takeaways Analysts say most Bitcoin miners are now operating at or near unprofitable levels as hash prices fall and costs rise. Miners are pivoting to AI data centers for higher, more predictable returns. Concerns have been raised about Bitcoin’s long-term security. Bitcoin mining is a money-losing business, analysts warn, just as artificial intelligence (AI) data centers deliver richer returns. American Bitcoin, backed by members of the Trump family, reported a $59 million quarterly loss as ...