Bitcoin mining in 2024: the halving shock and an AI ‘lifeline’
The halving dented miners’ revenues, yet hashrate hit record highs, diversification into AI computing became fashionable, and America consolidated its lead in the industry. A look back at what else defined bitcoin mining in 2024. The industry weathered the fourth halving. Amid falling revenues, a boom in AI computing offered a ‘lifeline’ to many participants. […]