Bitcoin hashrate posts first-quarter drop for first time in 6 years as miners pivot to AI

The first-quarter decline breaks a long-standing growth trend, but could ultimately support decentralization as public U.S. miners face losing dominance.

Key takeaways

Quick scan — what you need to know:

• The first-quarter decline breaks a long-standing growth trend, but could ultimately support decentralization as public U.S.
• miners face losing dominance.

Background

What led here, in plain terms:

• ng growth trend, but could ultimately support decentralization as public U.S. miners face losing dominance.
• Full context often emerges as officials, markets, or courts add updates.

Why it matters

Why readers and decision-makers should care:

• The first-quarter decline breaks a long-standing growth trend, but could ultimately support decentralization as public U.S.
• miners face losing dominance.