BTC price recovery won’t reverse block reward miners’ AI pivot

Homepage > News > Business > BTC price recovery won’t reverse block reward miners’ AI pivot Block reward mining on the BTC network may not be dying, but priests are hovering in the background, ready to break out the last rites if things don’t improve pronto. CoinShares insists mining ain’t dying Data center gas consumption to soar, just as Trump scraps climate rules Oklahoma town can’t boot rogue miner that cut off water supply Ethiopia cuts miners’ power access by three-quarters Mexico, Malaysia, Oman, Russia struggle to rein in illegal mining ops Worse, the BTC network’s next mining difficulty adjustment scheduled for Saturday (19) is currently expected to increase the difficulty of ‘finding’ a new block on the chain by more than 5% to over 134 trillion hashes (guesses). That’s still a smidgen below the nearly 139 trillion average of this June and well below the nearly 156 trillion peak set nearly one year ago. But with BTC surrendering much of its recent price surge, any difficulty increase is unwelcome. A new CoinShares report on mining’s performance during the second quarter of 2026 spells it out plainly, as the trying times “pushed the listed mining sector below cash...