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Bitcoin Mining Costs Surge Amid AI Expansion Strategy

4/27/2025

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Summary

Story summary

In late 2024, Bitcoin mining costs skyrocketed to $82,162 per coin, fueled by rising hardware expenses. Yet, miners thrived with Bitcoin's value hovering around $82,000. To secure steady income, the industry is branching into AI and high-performance computing, with forecasts indicating the Bitcoin hashrate could hit 1 zettahash per second by mid-2025.

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Story summary

In late 2024, Bitcoin mining costs skyrocketed to $82,162 per coin, fueled by rising hardware expenses. Yet, miners thrived with Bitcoin's value hovering around $82,000. To secure steady income, the industry is branching into AI and high-performance computing, with forecasts indicating the Bitcoin hashrate could hit 1 zettahash per second by mid-2025.