Public miners dump record BTC and are pivoting to AI — is Bitcoin’s security backbone starting to hollow out?
Summary
Public Bitcoin miners liquidated over 32,000 BTC in Q1 2026, a record sell-off driven by low mining profitability following the 2024 halving and high production costs. To survive, firms are shifting capital toward AI data centers, which offer predictable revenue compared to volatile mining returns. While some experts worry this migration threatens Bitcoin's security, others argue that the network's built-in difficulty adjustment mechanism will maintain equilibrium by incentivizing remaining miners.
(Source:CryptoSlate)