#bitcoin power law
Current price is $67,973
Current Power Law price is $123,886
Current price is 45.13% below trend
Current price is 627 days behind trend
PowerLaw date for current price: 2024-06-03
#powerlaw
#bitcoin #nostr #coffeechain 🚨🚨🚨
🚨 ALERT:
A $1 billion Bitcoin whale just revealed the EXACT price level he’s waiting to buy.
He’s predicted every major crash and rally since 2013, without missing once.
His new call just dropped.
Pay attention, or cry later.
#bitcoin #nostr SHOCKING!
Various people have different numbers but most seem to say:
The average cost to mine a single Bitcoin is now $68,000 to 80,000.
Bitcoin itself trades below $70,000.
It is very unprofitable to mine Bitcoin at this moment
#bitcoin #ai #nostr AI more profitable for data centers vs bitcoin many say.
A ton of Bitcoin mining companies are straight-up pivoting (or at least heavily shifting) toward AI and high-performance computing data centers. It's not just hype; it's happening fast in 2026.
Basically, after the halving squeezed margins and energy costs stayed high, these miners realized their setups (huge power contracts, cooling systems, land, industrial sites) are perfect for the AI boom. Tech giants like Microsoft, Amazon/AWS, Google, etc., are desperate for compute power and are signing massive, long-term deals (10-15 years) that pay way more per megawatt – like 3x to even 25x higher revenue than straight mining in some cases, with 80-90% margins vs. the thin ones in BTC mining.
Public miners locked in over $65 billion in AI/HPC contracts in 2025 alone, and projections say for those who got the big deals, Bitcoin mining revenue could drop from ~85% of their total early last year to under 20% by late 2026.
Some big names making moves:
- Core Scientific (deals with CoreWeave, even acquisition talks)
- Cipher Mining ($CIFR) – huge AWS and Fluidstack contracts
- TeraWulf ($WULF) – multi-billion deals, Google backing
- IREN (Iris Energy) – killing it with both BTC and AI scaling
- Riot Platforms ($RIOT) – recent AMD lease, big power sites
- Bitfarms – planning to fully exit mining for AI/HPC by around 2027
- Hut 8, CleanSpark, Bit Digital, MARA – all in on this to some degree
Even smaller ones like Cango just sold a bunch of BTC ($305M worth) to fund their AI shift. It's turning these former pure miners into basically "landlords" for AI hyperscalers – stable dollar revenue instead of volatile BTC price swings.
For Bitcoin itself? Mixed bag – some hashrate might drop if more pivot hard, but the infrastructure these guys built is still supporting the network, and the pivot is making a lot of these stocks moon (some analysts see 2x+ upside on the AI plays).
#mellanox #homelab #100gbe #nostr #coffeechain #gfy #networking
Scored 12 more Mellanox ConnectX-dual-port 100GbE NICs on the cheap. Slotted them in—every server and critical node in the homelab is now rocking full 100GbE. Goodbye forever to messing with speed tiers. Ceph scrubs, VM migrations, and ZFS resyncs are about to get stupid fast. End of an era. 🔥