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Miners Are Quitting for AI (And That's a Good Thing) [NEWS]
From HashrateUp - A Bitcoin Mining Podcast by Jesse
March 23, 2026 · 12 min
About this episode
Jesse discusses the impact of public miners selling Bitcoin to pivot towards AI and its implications for the mining industry.
In this episode of HashrateUp, Jesse breaks down the biggest Bitcoin mining stories of the week: why public miners are selling Bitcoin to fund AI pivots, what that means for difficulty and hash rate, and why the miners still online are quietly winning. Topics covered: Wintermute's Epoch 5 report on the structurally different mining cycle, mullet mining (AI in the front, SHA-256 in the back), oil price impact on global hash rate, MicroBT's new M7D series, Hive expanding AI data centers in Canada, Bitdeer hitting 68 EH/s and launching a Scrypt miner, Kango's $450M net loss and $305M Bitcoin sell-off, Simple Mining's $13.6M unsecured claim in the Blockville bankruptcy, and Bitcoin difficulty set for an 8% drop. 🛠 Sponsored by: Hashbranch – Hosting & hardware made simple Code: HASHRATEUP100 https://hashbranch.com SoloMining – Home & solo mining made easy Code: HASHRATEUP https://solomining.de Altair Technology – Buy Bitcoin Mining Solutions Code: HASHRATEUP https://altairtech.io 📲 HashrateUp Hardware Deals Telegram: https://t.me/hashrateup 📩 Learn Bitcoin Mining (Free 5 Day Course) https://hashrateup.com/newsletter-sign-up/
People in this episode
Host: Jesse
Topics covered
- Bitcoin mining
- AI pivots
- hash rate
- difficulty
- public miners
- financial impacts
- mining technology
Keywords
- Bitcoin mining
- AI
- hash rate
- difficulty drop
- public miners
- Wintermute
- MicroBT
- Hive
- Bitdeer
- Kango
Sponsors
Hashbranch, SoloMining, Altair Technology
Mentioned in this episode
Organizations: Wintermute, MicroBT, Hive, Bitdeer, Kango, Simple Mining
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