The first miner has already run towards AI

[joker_josue]

A large company is losing $5 million a month. If this trend continues, when will companies start exiting mining? Or is this a way to lower taxes and get aid?

I seriously doubt that a company of this size, with such a good understanding of mining and Bitcoin, wouldn't have prepared for the possibility of a Bitcoin price drop.

Furthermore, we are not at such a low level as we once were. We are in the same position as we were in 2024, without the significant increase that occurred in 2025.

Therefore, it doesn't surprise me that they are trying to get some kind of help.

[Bitcoin_Arena]

Furthermore, we are not at such a low level as we once were. We are in the same position as we were in 2024, without the significant increase that occurred in 2025.

Therefore, it doesn't surprise me that they are trying to get some kind of help.

My theory is that part of 2024 was the pre-halving period where some companies or miners enjoyed those mining rewards more than they are doing right now. Also remember there was that JPEG spam on the Bitcoin network that led to a spike in fees, so even after halving, the rewards were a bit ok compared to now. the big guess leaving the field right now may leave some bit of breathing space for small scale miners.

[joker_josue]

Furthermore, we are not at such a low level as we once were. We are in the same position as we were in 2024, without the significant increase that occurred in 2025.

Therefore, it doesn't surprise me that they are trying to get some kind of help.

My theory is that part of 2024 was the pre-halving period where some companies or miners enjoyed those mining rewards more than they are doing right now. Also remember there was that JPEG spam on the Bitcoin network that led to a spike in fees, so even after halving, the rewards were a bit ok compared to now. the big guess leaving the field right now may leave some bit of breathing space for small scale miners.

Yes, that's true. But all the miners knew there would be a halving, and you have to plan for it. A company like that certainly planned for it.

But perhaps the positive side is that it's starting to create room for smaller mining companies to enter the market. Because mining is becoming too corporate, in the sense that it is becoming concentrated in the hands of only a few large players.

[FP91G]

A large company is losing $5 million a month. If this trend continues, when will companies start exiting mining? Or is this a way to lower taxes and get aid?

I seriously doubt that a company of this size, with such a good understanding of mining and Bitcoin, wouldn't have prepared for the possibility of a Bitcoin price drop.

Furthermore, we are not at such a low level as we once were. We are in the same position as we were in 2024, without the significant increase that occurred in 2025.

Therefore, it doesn't surprise me that they are trying to get some kind of help.

If mining companies knew more information than other market participants, they would have sold their bitcoins when the price was above $110,000.
I haven't seen any evidence that these companies are receiving aid in USA. Do you think the company will hold onto bitcoins and borrow dollars to make a profit on the rising price of bitcoin?

[joker_josue]

If mining companies knew more information than other market participants, they would have sold their bitcoins when the price was above $110,000.
I haven't seen any evidence that these companies are receiving aid in USA. Do you think the company will hold onto bitcoins and borrow dollars to make a profit on the rising price of bitcoin?

I don't think so.

Now they may be creating an approach to try and ride this wave of AI investments. And they're building this narrative.

[FP91G]

If mining companies knew more information than other market participants, they would have sold their bitcoins when the price was above $110,000.
I haven't seen any evidence that these companies are receiving aid in USA. Do you think the company will hold onto bitcoins and borrow dollars to make a profit on the rising price of bitcoin?

I don't think so.

Now they may be creating an approach to try and ride this wave of AI investments. And they're building this narrative.

Large mining companies have electricity costs no more than 6 cents. If they pay 5 cents and pay for their ASICs in 14 months, can they do the same with AI hardware?

This hardware requires very expensive infrastructure, unlike air-cooled ASICs.

[joker_josue]

This hardware requires very expensive infrastructure, unlike air-cooled ASICs.

Yes, the hardware is different and expensive. But they have a very good cooling system in place.

The biggest problem with computer equipment is heat. Data centers dedicated to AI, which also involve a lot of processing, also need good cooling systems. In turn, there is a lack of data centers ready to receive the AI ​​hardware. The mining companies already have the necessary infrastructure; they just need to receive the hardware and turn it on.

For example, in my country they will begin building a data center dedicated to AI, which will take almost 2 years to complete.