According to BlockBeats, on September 15th, CoinShares predicted that even if the price of Bitcoin recovers further, Bitcoin mining companies that have shifted their focus to artificial intelligence infrastructure are unlikely to return to mining operations.
In its latest Q2 Bitcoin mining report, CoinShares stated that at least 35 EH/s of hashrate has planned to exit publicly traded mining companies, equivalent to 4.7% of the current Bitcoin network hashrate of approximately 750 EH/s. Currently, AI infrastructure generates approximately $1.5 million in profit per megawatt for related companies, while Bitcoin mining generates approximately $500,000. Meanwhile, the average pre-tax cash cost for publicly traded mining companies to produce one BTC in Q2 was approximately $75,500.