Bitcoin's Back - Miners Are Quitting for AI Anyway [NEWS]

Bitcoin's back above $70K and hash price ripped more than 10% — from the lows of $31 all the way to $35. Great news for anyone running machines. But public miners are still dismantling capacity to chase AI money, and this may be the first true hashrate bear market ever.In this news roundup: a difficulty adjustment looms that could confirm bullish conditions, public miners have sold most of their BTC stack, Russia bans mining in Moscow through 2032, and the AI pivot keeps swallowing gigawatts — Riot's confirmed 20-year Anthropic lease, Core Scientific's Polaris deal, Cipher, TeraWolf, Ionic and more all trading Bitcoin mining for HPC. Plus the Zcash mining surge nobody saw coming.The big question: if the AI trade cracks — China chip progress, cheaper models like Kimi K3 — what happens to the capital funding these 20-year leases?🛠 Sponsored by:Altair Technology — ASIC hardware, replacement parts & mining infrastructureCode: HASHRATEUPhttps://altairtech.io/aff/125/Luxor — Mining software, firmware & hashrate toolshttps://luxor.tech/Timestamps:0:00 Intro — Bitcoin back above $70K, hash price $31 → $350:40 Upcoming difficulty adjustment — why it matters1:43 Core Scientific closes Polaris deal — 1.5 GW Oklahoma AI campus2:20 Cango's revenue halves as it pivots from mining to AI2:47 Bitdeer revenue +47%, shares down 77%4:42 Riot × Anthropic — 20-year Rockdale lease confirmed5:14 $573M debt for 191 MW AI conversion — the cost of pivoting7:10 Public miners selling BTC — 127K down to 29K7:52 Russia bans mining in Moscow region through 20328:20 Sponsor: Luxor9:51 Public miners shed 21% of hashrate as AI accelerates11:55 The first-ever hashrate bear market explained12:32 Cipher secures 900 MW Texas site + Black Pearl AI13:38 TeraWolf hits 71% AI leasing revenue14:16 Ionic — AI leasing replaces Bitcoin mining14:54 Sponsor: Altair15:25 Bitdeer's $400M Malaysia AI contract16:20 Is the AI trade cracking? Kimi K3 & model costs17:10 Fortitude & the Zcash mining surge19:39 Hash price outlook & difficulty bias📊 HashrateUp Hardware Deals: https://t.me/hashrateup📩 Free 5-Day Bitcoin Mining Course: https://hashrateup.com/newsletter-sign-up/#BitcoinMining #AIPivot #DataCenter #HashPrice #Anthropic #HashrateBearMarket #Zcash #BitcoinNews #Russia #HashrateUp