BroadChain has learned that, according to a March 26 report from The Block citing CoinShares, Bitcoin miners are grappling with significant profitability pressures. The report notes that in Q1 2026, the hash price dropped to a historic low of around $28–$30 per PH/s/day.
Data reveals that in Q4 2025, the global weighted average cash cost for miners to produce one BTC climbed to approximately $80,000, leaving an estimated 15–20% of the world's mining rigs operating at a loss.
At the same time, publicly traded mining companies are rapidly pivoting toward the AI sector. To date, these firms have collectively secured more than $70 billion in AI/HPC contracts. By the end of 2026, AI-related business is projected to contribute up to 70% of revenue for some leading miners.