The cryptocurrency industry is facing an unprecedented structural earthquake. While Bitcoin struggles in sideways trading, computing power giants are quietly shifting their focus. Welcome to the era of the 'Energy Wars'—where copper mines and floating-point computing power are worth more than digital gold.
🔌 Energy Consumption: The Survival Battle between AI and Mining
The power struggle has entered a fever pitch. Giants like Alphabet and Meta are frantically hoarding nuclear power resources, pushing traditional miners out of the market. With copper prices rising by 40% this year and the U.S. government considering a dedicated power auction green channel for AI data centers, miners are facing a brutal choice: transform or exit.
Hardware chain reaction:
Storage crisis: OpenAI has reserved 40% of global DRAM capacity. Electronics price surge: SSD prices have skyrocketed 2-3 times, while Xbox and PS5 sales have plummeted. Consumer electronics are becoming victims to make way for AI training.
📉 OpenAI paradox: Endless burning of cash, a long road to profitability
Despite reaching $20 billion in revenue by 2025, AI giants' business models remain fragile. The Sora video generator alone burns $15 million daily. Facing a mere 5% conversion rate, Deutsche Bank warns: 2026 will be a 'year of great disappointment.'
Meanwhile, xAI's Macrohard plan is surfacing: Musk plans to utilize idle Tesla vehicles to form a distributed computing network, creating a fully AI-driven super company.
📉 Bitcoin: A technical storm is approaching
BTC's trend is releasing dangerous signals. After a false breakout in the $94,000-$96,000 range, the price has fallen below $88,000.
Deadly signal: A 'death cross' has appeared at the weekly level (21-week and 50-week moving averages), which historically often signals the beginning of a long-term bottoming process. Key support: Analysts are closely monitoring the $83,000–$85,000 range.
🧠 Summary
As the return per watt of power increases, miners are accelerating their shift towards the AI camp. Bitcoin is losing its status as the 'sole consumer of computing power,' which may lead to fluctuations in hash rates, but in the long run will optimize the economic structure of surviving enterprises.
Will you choose to hold BTC and wait for a rebound, or decisively switch to the AI track? 👇
