Bitcoin Miners Rebalance as AI Returns Outpace Mining

Bitcoin news Today: Hash price for Bitcoin mining fell to approximately $29 to $30 per petahash per second per day in early Q1 2026, down from roughly $36 to $38 in Q4 2025, according to CoinShares’ Q1 2026 Bitcoin Mining Report. The report says listed miners could derive as much as 70% of revenue from artificial intelligence infrastructure by the end of 2026, up from roughly 30% today. It also puts the weighted-average cash cost of producing one bitcoin among publicly listed miners at approximately $79,995 in Q4 2025. The pressure on mining is increasingly a question of competing uses for scarce electricity, rack space, and capital. CoinShares says AI infrastructure offers higher and more stable returns while hash prices remain near cyclical lows. This gives miners with scalable energy access and existing data-center capabilities an economic reason to redirect resources toward high-performance computing. That does not necessarily describe a broad retreat from US mining infrastructure. CoinShares says the US share of global hash rate rose by roughly two percentage points quarter over quarter. Its analysis instead points to a changing mix of activity: some listed miners are expandin...