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The hashrate won't decline rapidly because the centers for these projects will be built within 2-3 years. Companies are buying equipment to pay for itself before the halving. A sharp drop in mining hashrate isn't expected in the next two years unless the price drops to 40,000.
I've noticed that the newer the equipment, the longer its payback period. Or perhaps manufacturers are publishing prices out of tradition, as they will always offer good discounts to their major customers.
Yes I also hear the news, according to coindesk A massive structural shift is underway as major public Bitcoin mining companies are aggressively liquidating their Bitcoin reserves to fund transitions into High-Performance Computing (HPC) and Artificial Intelligence (AI) data centers. Public miners sold a record 32,000+ BTC in Q1 2026 alone, driven by unsustainable post-halving mining economics and skyrocketing Wall Street valuations for AI infrastructure.
But I actually curious, did this are making the mining world end, I also remember when Bitmain created Sophon as AI chip back couple years ago