Show Notes
๐ OVERVIEW
In this NEWS episode of HashrateUp, Jesse breaks down the latest earnings reports, structural shifts, and AI pivots reshaping the Bitcoin mining industry.
From Bitdeer's collapsing miner sales and Canaan's $23M quarterly loss to Mara dumping 38% of its Bitcoin treasury and laying off 15% of staff, the signals all point one direction: nobody is buying miners, and the companies that own power are pivoting hard to AI. Meanwhile, AI-focused funds like Situational Awareness LP are quietly accumulating mining stocks, not for the hashrate, but for the energized megawatts underneath.
Jesse also covers the Luxor halving retrospective, Bitfufu's Ethiopia outage, the latest Q2 hashrate heatmap, and what an 8 to 50x capex gap between AI data centers and Bitcoin mines means for the future of US hashrate.
โฑ TIMESTAMPS
0:00 โ Intro
0:24 โ Bitdeer earnings: 143% inventory surge, 84% drop in machine sales
2:12 โ Canaan Q1: $23M gross loss, joint mining projects
4:14 โ Avalon hydro miner pricing & efficiency gap
5:15 โ Luxor: two years after the halving
5:50 โ Bitfufu Ethiopia outage & "all-in" cost transparency
8:21 โ Situational Awareness LP: AI funds buying miners for power
12:41 โ BlockSpace report: 8 to 50x capex gap between AI and BTC mining
14:21 โ New West Data: stranded gas in Alberta
15:18 โ Q2 2026 global hashrate heatmap
17:09 โ Mara: 38% of BTC sold, 15% layoffs, AI pivot confirmed
๐ SPONSORED BY
- SoloMining โ Home & solo mining made easy
Code: HASHRATEUP
https://solomining.de
- Altair Technology โ Buy Bitcoin mining solutions
Code: HASHRATEUP
https://altairtech.io
๐ RESOURCES
๐ฉ HashrateUp Newsletter: https://hashrateup.com/newsletter-sign-up/
๐ฒ HashrateUp Hardware Deals (Telegram): https://t.me/hashrateup
#BitcoinMining #BitcoinNews #AIDataCenters #HashrateUp #Mara #Bitdeer #Canaan #Bitfufu
