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Morning Edition · Tuesday, August 18, 2026Published at 1:51 AM EDT · New York
Bitcoin Miners Cut Computing Power by a Fifth in Three Quarters to Make Room for Artificial Intelligence
One miner has warned it may face bankruptcy after an unclosed financing left $33 million of maturing notes exposed against $9.2 million of liquidity in June.
Bitcoin miners have reduced their computing power by a fifth over three quarters to free capacity for artificial intelligence workloads, CoinDesk reported, as bitcoin traded above $64,000 while most large tokens fell. The same report noted…
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