# 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.

- Published: 2026-08-18T05:51:40.786Z
- Canonical: https://polylog.news/crypto/2026-08-18/bitcoin-miners-cut-computing-power-by-a-fifth-in-three-quart
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CoinDesk](https://www.coindesk.com/markets/2026/08/18/bitcoin-climbs-above-usd64-000-while-most-majors-slip), [CryptoSlate](https://cryptoslate.com/crypto-miner-warns-of-potential-bankruptcy-as-unclosed-financing-leaves-33-million-in-maturing-debt-exposed/)

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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