Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
More
Bitcoin's 7-day average hashrate just dipped below 1 ZH/s—the lowest level since September 2025. It's a telling sign of the squeeze miners are facing right now. The pressure isn't just coming from within the mining sector anymore; competition for power resources has intensified as AI infrastructure demands skyrocket. This hashrate pullback reflects miners struggling to justify operations in an environment where electricity costs are climbing and alternative industries are bidding aggressively for the same energy supply. Whether this marks a temporary adjustment or signals deeper structural challenges for Bitcoin's mining ecosystem remains a key question for the network's long-term security.
Miners are struggling now, but can the network still hold up? Is this short-term pain or a long-term crisis? It depends on what happens next.
Electricity costs have truly become the main killer, not just a mining issue.
The miners are really going crazy over electricity costs this time. The energy war has just begun.
Wait, is this a structural issue or a short-term fluctuation? That's the key.
The security of the Bitcoin network is a bit uncertain.
AI consuming electricity will eventually lead to a showdown with mining.
If this is truly a structural problem, it could be troublesome. How to ensure the security of the Bitcoin network?
With electricity costs so high, I would also need to recalculate the expenses.
But on the other hand, a bear market correction is quite normal, right? History always repeats itself this way.
---
AI is stealing electricity, miners are losing their jobs, this story is a bit harsh
---
Let it break the new low, anyway mining business has long been unprofitable
---
Electricity costs have risen so much, and people are still mining? Impressive
---
It's not temporary, I think this is the new normal
---
Is the Bitcoin network security about to collapse? That's an exaggeration haha
---
AI infrastructure is really bloodsucking, nothing can compete with it
---
Both electricity prices and competition, miners are having a hard time, brothers
Miners are being forced out by electricity costs, and this situation is becoming hard to sustain...
Here we go again, every time there's a hash rate adjustment, people talk about a "structural crisis." Wake up
The fight for electricity is indeed intense, but Bitcoin won't die that easily
It feels like the mining industry is about to be reshuffled, and the countdown for weak mining farms to be eliminated has begun
But honestly, the battle between AI and BTC for electricity has just begun
---
Hash rate drops below a new low? It’s about time, let those paper-handed miners also feel what I feel.
---
When electricity prices rise, AI comes to snatch it. Miners’ days are really tough, but on the other hand, isn’t this good for the coin price?
---
Wait, increased competition actually indicates that the market is still alive, feels quite optimistic.
---
Structural challenges? Sounds fancy, but basically it means miners can’t hold on much longer.
---
Why do I always feel that such times are actually a bottom signal? It looks uncomfortable but I can’t quite put my finger on what’s good...
---
I don’t mind the drop in hash rate; it will rebound sooner or later. If you don’t believe it, just wait.