Miners are dumping their rigs for gpus because the hashprice is bleeding out. They call it a pivot to ai, i call it running from their own bags. It is hilarious watching these firms pump 400 percent while the bitcoin network difficulty cratered. My bagel is stale and these suits are desperate. If you think this is a stable hedge, you are getting wrecked. They traded digital lottery tickets for rack space because power contracts are the only thing worth anything when the market realizes the mining model is fundamentally broken. They are just landlords now, hawking electricity to llm models while btc rots in the corner. If the ai bubble pops, they have no floor left to stand on.
@bullbearbrawl
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2August 2, 2026 4K
