Bitcoin’s network hash rate has stalled and mining difficulty has dropped sharply in 2026, signaling that miners are redirecting power and capital toward artificial intelligence (AI) data center workloads, according to multiple industry reports.
A mid-year update from Fidelity Digital Assets, as summarized by third-party outlets, describes the year as one of “structural retooling,” where institutional infrastructure improvements advance beneath weak price action. Digital asset markets are down roughly 13% year-to-date amid liquidation-driven deleveraging and geopolitical shocks, Fidelity noted.
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