Miners Wave Goodbye to AI Dreams: Bitcoin Hashrate Surges 12.5% From Recent Lows

Bitcoin mining hashrate has climbed 12.5% from its March bottom, a sign that miners aren't quite ready to abandon ship for the AI hype train.

Hashrate—the silent testimony to how much computational firepower is pointed at Bitcoin—staged a dramatic 12.5% recovery from its March floor. Apparently, the great AI pivot was more of an AI flirtation, and miners remembered that Bitcoin actually has a product that works.

The hashrate measures total computing power connected to the Bitcoin network, measured in exahashes per second (EH/s). Higher values suggest miners find the network profitable; lower values imply they're stepping back.

In case you missed crypto 101: hashrate is just the sum of all computing muscle running Bitcoin, measured in exahashes per second (EH/s). More miners humming along means they smell profit; fewer machines running means someone is either retooling or crying into their mining rig.

According to Blockchain