
In the past year, have you seen news like this? Many crypto mining companies that once focused on mining have shifted toward AI, now offering computing power services. While the transition of mining firms is indeed a trend, it can create a misleading impression: As if, once these large miners leave, the Bitcoin network will collapse and no one will be left to mine. But data shows that if you stop mining, others will step in—and they’re mining aggressively. According to data from Look Into Bitcoin, Bitcoin’s 7-day average hash rate has rebounded to approximately 1 ZH/s (1,000 EH/s), the highest level since March 3, 2026. Additionally, the orange line representing hash rate has consistently risen sharply over the past few years; after the latest fluctuation, it’s climbing again, indicating a far stronger overall mining trend than in earlier periods. Meanwhile, mining difficulty increased by about 5.92% on October 16, and is expected to rise again next time—cumulatively nearing 11.4% across both adjustments. Some publicly traded miners have seen their actual hash rate drop by around 23% due to their AI transition, with AI-related revenue showing clear quarterly growth. Yet, Bitcoin’s total network hash rate has rebounded sharply from its July low—by roughly 45%. Many assume that when large miners exit, the remaining ones will find it easier. But difficulty continues to rise. Profit pressure on remaining miners hasn’t noticeably eased, indicating that new entrants and expanding operators are actively competing—making the space even more intense. On a positive note, miners are still fiercely competing to mine the remaining BTC and maintain the network by earning block rewards and transaction fees. Even with price volatility, miners continue deploying more hashing power. Until AI breaks cryptography—a hypothetical variable—the Bitcoin network continues to demonstrate remarkable resilience and openness.
