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Bitcoin Mining’s Fresh Nightmare Outdoes Even the China Ban 🦇💔

Bitcoin mining feels hella weak rn even tho the whole network stays mad valuable fr. 🖤 The difficulty thing’s still stuck under that October 2025 peak and idk if miners are just chilling or if cash plus power are ditching for good.

That Cringe All Time High We Didn’t Need 💀

On chain vibes show bitcoin mining difficulty hit almost 156 trillion back on October 29 2025. Right now it’s sitting just over 148 trillion which means it’s still 5% off and hasn’t broken through since. This no new record stretch just beat the old longest one from 2011 to 2012. Back then btc price tanked like 94% while the 2021 dip came from China’s big ban that made hash rate bounce around. Saifedean Ammous pointed out this slowdown hit without any huge drama tho. He blamed the pre set halvings cuz the block reward halves every four years so btc price gotta pump almost 19% yearly just to keep miners happy before inflation and ai stuff steal the show. If gains fall short then throwing more power at mining starts looking lame. ✨

AI Stealing The Power Scene 😈

Miners lost their grip on cheap energy and data centers cuz ai firms are snatching it up for better cash. Core Scientific already cut their mining crew nearly in half and they’re fully bailing on btc by end of year to chase ai colocation instead. Their side hustle revenue jumped 58% quarter over quarter to 215.4 million which is wild. Ammous says this ain’t bearish for btc at all tho. If mining pays less than just holding then capital flows straight into the coin instead. Plus less power use might shut down those dumb electricity critiques for good. 🌑💸⚡🤖🌟
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