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Bitcoin price recovery unlikely to lure AI-focused miners back, CoinShares says

The Block·September 15, 2026·1 min read
Bitcoin price recovery unlikely to lure AI-focused miners back, CoinShares says

Publicly listed BTC miners produced bitcoin at an average ex-tax cash cost of roughly $75,500 in the second quarter, according to CoinShares. The report suggests a bitcoin price recovery is unlikely to lure AI-focused miners back to pure mining operations.

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