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Public Miners Just Unplugged $1.5B of Hardware for AI [NEWS]
Published: October 17, 2026
Duration: 14:40
Public Bitcoin miners shed about 75 EH/s in the first half of 2026, roughly $1.5 billion worth of mining hardware, as their power moves to AI. In this NEWS episode, Jesse breaks down who is leaving, where the hashrate is going and what it means for the miners who stay.
Hashprice is back at $38.88, but a +6.3% difficulty adjustment is coming. Ethiopia cuts miners' power by 75%, CleanSpark's $6.6B lease turns out to be with Meta, and public miners carry $35B in AI debt. Meanwhile the US keeps losing hashrate while Pakistan, Venezuela and Paraguay come back online...