2 items across 2 digests
The new Pearl cryptocurrency triggered a GPU mining rush, but RTX 5090 daily mining revenue has already declined by half to $17.19 since April. This rapid profitability decline demonstrates the volatile economics of GPU-based cryptocurrency mining.
Global Bitcoin network hashrate dropped 4% in the first quarter, the first decline since 2020, as cryptominers retrofit data centers for AI. This shift represents a reallocation of computing infrastructure from cryptocurrency to AI applications.
DailySand