#CryptoMinersGoAI

#矿企Q1抛售3.2万BTC，挖矿成本全面倒挂 A key set of industry data has been tracked: In the first quarter of this year, the six major publicly listed mining companies in North America sold a total of over 32,000 BTC, setting a historical record for quarterly sales, even surpassing the total sales for the entire year of 2025. 🧐 Many friends may wonder why mining companies are selling at a loss at this point? Let's start with the core issue of "mining cost inversion": For every BTC mined, mining companies need to pay for electricity, hardware depreciation, daily operations, and other costs. Currently, the comprehensive cost for mainstream mining companies in North America to mine one BTC is about $80,000, while the current price of BTC hovers between $70,000 and $75,000, meaning that for every BTC mined, companies incur a loss of $5,000 to $10,000. The more they mine, the more they lose, which is the cost inversion dilemma facing mining companies right now. What role do mining companies play in the entire BTC market? ➤ First, the largest structural selling pressure in the current market actually comes from the mining companies. Many investors attribute the long-term sideways movement of BTC to macroeconomic pressures or low retail investor sentiment, often overlooking the continuous and stable selling from mining companies. The sale of 32,000 BTC in Q1 means that the market is digesting fixed sell orders from mining companies every day. Unlike emotional selling pressure caused by panic, which dissipates as market sentiment stabilizes, structural selling pressure arises from the rigid cost pressures of companies. As long as the cost inversion situation does not change, the selling pressure will not stop, which is one of the core reasons for the recent weak rebound of BTC. ➤ Secondly, this large-scale sell-off is not just to cover losses; it also hides a collective transformation trend among mining companies. A significant portion of the funds raised from this sell-off will be used to transition to AI and high-performance computing (HPC) businesses. Currently, leading mining companies like MARA, CleanSpark, and Riot have begun to significantly shift their funds and computing power towards the high-performance computing sector, with related contract amounts exceeding $70 billion. 💡 Why are mining companies inherently suitable for transitioning to AI computing power businesses? In fact, whether it's Bitcoin mining or AI model training, both rely on three core conditions: large-scale computing power reserves, stable power supply, and mature cooling infrastructure. The long-term power contracts and ready-made data center resources accumulated by mining companies over years of development are precisely the core resources most in demand for current AI data centers. For mining companies, transitioning from "mining BTC" to "selling computing power to AI companies" does not require changing the underlying infrastructure; it only requires upgrading the business model, and the value of computing power is thus completed from the crypto network to AI infrastructure. The warning previously issued by CoinShares sounds like bad news, but from another perspective, when high-cost mining companies complete their clearing in this round of adjustments, this round of structural selling pressure is likely coming to an end. It can be said that the day mining companies stop selling is when $BTC truly breaks out of its sideways movement. ▪️ This observation indicator is actually more intuitive and direct than most technical analyses. What do you think about this collective sell-off transformation by mining companies? 👇

The U.S. moved ~$606K in seized $BTC to Coinbase Prime → potential sell signal Crypto market cautious about short-term downside pressure The U.S. continues tightening maritime blockade on Iran, tensions rising Iran warns of retaliation, hotspot remains the Strait of Hormuz Both sides are still in indirect talks ahead of the April 22 ceasefire deadline #WallStreetsFifthGiant #CoinMoveAlert #MinersDumpRecordBtc

🚨 New record: BTC miners break all previous records! Q1/2026: Over 32,000 BTC sold ✔️ Exceeds the entire 2025 total ✔️ Breaks the Q2/2022 record (~20K BTC, Terra-Luna) Hash price ~$33/PH — below the break-even point of $35 ~20% of miners are losing money Production cost ~$88K vs BTC price ~$74K 😥 But on the other side? Strategy + ABTC are still accumulating wealth 💰 #Bitcoin #Mining #BTC #CryptoVN$BTC

Bitcoin Miner Reserves Are Facing Complete Collapse Major Bitcoin mining firms have been aggressively selling since the start of this cycle. Per @cryptoquant_com, miner reserves have fallen by some ~61,000 $BTC, worth more than $4.5 billion based on current prices. Collectively, Riot, Marathon and Core Scientific alone have dumped 19,264 $BTC, worth over $1.4 billion. $BTC #WallStreetsFifthGiant #CoinMoveAlert #DailyOrbit

Miners Just Dumped a Record Amount of BTC Should You Worry?👀 Dear orbit family attention here🚨 Public Bitcoin miners just set a new all-time record they sold over 32,000 BTC in Q1 2026 alone more than they offloaded during the entire year of 2025 combined. Major players like MARA, Riot Platforms, CleanSpark, Core Scientific, Bitdeer, and Cango led the charge. What's driving it? · Post-2024 halving economics remain brutal · Hashprice has collapsed to record lows ($28–$36 per PH/s/day) · Many older rigs (S19 series) are now unprofitable below $75K BTC · Some miners are selling simply to fund ASIC upgrades and stay operational The scale? MARA alone sold 8,200 BTC in Q1 up 340% from Q4 2025 to fund its new immersion-cooling facility in Texas. At current hashprice, only miners with sub-$0.04/kWh power remain profitable, eliminating roughly 30% of North American public miners. But the important context headlines often miss: Public miners still collectively hold around 107,000 BTC (as of early April data). This record dump is significant short-term pressure, but it reflects operational survival not mass capitulation. In past cycles similar miner sell-offs created short-term dips only for stronger hands to step in once weaker players cleared out. What to watch next: · Hashprice and profitability metrics (near breakeven for efficient operators) · Exchange inflows from miner wallets (already slowing) · Hashrate stability no major collapse yet · ETFs continue net buying; institutional demand remains the bigger story you need to understand that Short-term overhang not a cycle breaker. Miner capitulation phases have historically marked healthier bases ahead. @OKX Orbit #MinersDumpRecordBtc #OKXOrbitTopics

BITCOIN HAS WON OVER WALLSTREET In just 6 months, BofA recommended ETFs, Morgan Stanley launched its own $BTC ETF, and Goldman Sachs filed for one. This is how adoption accelerates. #MinersDumpRecordBtc

Trump: "Iran wants a deal and is ready to give up nuclear weapons." 😁 Markets are buying it for now: · Brent crude still below $100 · S&P 500 at new highs · BTC hovering ~$75k, coiling for a move Expect volatility this weekend: US-Iran talks could make or break. Range to watch: $72k – $77k Other headlines: 🐸 Trader turns $960 → $337k on ASTEROID tokens (351x in 2 hours) ⚖️ Class action filed against Circle over Drift Protocol hack ⛏️ Public miners sold 32k BTC in Q1; miner wallets down 61k BTC since Jan ⚠️ Not financial advice. DYOR. #MyOKXWeb3Moment #CoinMoveAlert #DailyOrbit @OKX Orbit @OKX中文 $BTC

⚡ ⛏️ BITDEER MINED 186 BTC THIS WEEK – ALL SOLD, NET HOLDING REMAINS 0 Official Update: Bitdeer announced it mined 186 Bitcoin for the week ending May 1, 2026. All 186 BTC were sold immediately. 📉 Holdings Status: Net increase for the week is 0 BTC. Total Bitcoin holdings remain at 0. Clear Strategy: The company continues its policy of selling all mined BTC instantly to prioritize cash flow and minimize price volatility exposure rather than long-term holding. Despite steady mining output, immediate selling reflects Bitdeer’s focus on cash flow optimization amid ongoing market volatility and selling pressure from miners. $BTC $ETH $XRP #DailyOrbit #MinersDumpRecordBtc

BITCOIN MINING DIFFICULTY EASES — MINERS UNDER PRESSURE Temporary relief: Mining difficulty has dipped 1.1% to 135.5T, offering short-term breathing room. However, the next adjustment (May 1) is expected to reverse this trend Record-breaking sell-off: Major mining firms like MARA and Riot have offloaded over 32,000 $BTC in Q1 2026 alone—surpassing their entire 2025 sales—as they scramble to cover rising operational costs Financial strain intensifies: Roughly 20% of miners are now operating at a loss, with production costs exceeding market prices. This is forcing many to liquidate holdings just to stay afloat Market shakeout in progress? Do you think sustained miner selling pressure could cap Bitcoin’s upside in the near term? #MinersDumpRecordBtc #OKXWeb3Festival #DailyOrbit $BTC

When Miners Stop Believing in Their Own Product North America's six largest public miners sold 32K+ $BTC in Q1, a single-quarter record that outpaced their total sales for all of 2025. MARA, CleanSpark, Riot and the rest didn't do this because they're bearish. They did it because they're underwater. Mining costs for these operations sit near $80K per coin. BTC is trading at $70K-$75K. That's $5K-$10K lost on every coin mined, before overhead. You don't hold in that environment. You sell to survive. But here's what makes this cycle different from previous miner capitulations: the proceeds aren't going to pay electricity bills and wait for the next rally. They're going into AI and HPC pivots. These six companies have collectively signed $70B+ in contracts to repurpose their infrastructure for compute. The bet has quietly shifted from "BTC goes up" to "our hardware has more value serving AI workloads than mining Bitcoin at a loss." CoinShares is flagging what comes next: unless BTC rallies hard, expect more capitulation selling from high-cost miners through H1 2026. That's sustained sell-side pressure from the very participants who are supposed to be the most convicted holders in the market. The uncomfortable read here: the people closest to Bitcoin's production are voting with their balance sheets, and they're not voting for BTC. Is this a structural shift or just a temporary repricing moment before the next leg up? #MinersDumpRecordBtc #DailyOrbit @OKX Orbit

🚨 BREAKING NEWS A LEGENDARY WHALE FROM THE SATOSHI NAKAMOTO ERA—WHO HAD BEEN HOLDING FOR 15 YEARS WITHOUT MOVING—HAS JUST SOLD EVERYTHING! A TOTAL OF 3,500 BTC DUMPED ALL AT ONCE, CASHING OUT $260 MILLION INSTANTLY! MOVES LIKE THIS… IT LOOKS LIKE THEY KNOW SOMETHING BIG IS ABOUT TO EXPLODE… 💥 $BTC $ETH

#MinersDumpRecordBtc: The People Who Mine Bitcoin Are Selling It Faster Than Ever — Here's Why A year ago, miners were hoarding. Now they're dumping. That reversal tells you everything about where the industry actually stands. Public Bitcoin miners sold a record 32,000 BTC in Q1 2026 — more than their entire sell-off across all four quarters of 2025, and surpassing the previous record of 20,000 BTC set during the Terra-Luna collapse in 2022. That's not a small adjustment. That's an industry in survival mode. The math is brutal. The weighted average cost to produce one Bitcoin rose to approximately $79,995 in Q4 2025, while Bitcoin spent much of Q1 trading between $68,000 and $70,000 — meaning miners were losing roughly $10,000 on every coin they produced. You can't sustain that for long. Hashprice — the key metric measuring revenue per unit of computing power — sits at around $33 per PH/s per day, placing approximately 20% of the entire mining industry in unprofitable territory. For older machines, it's even worse. The response has been dramatic. Core Scientific sold roughly 1,900 BTC in January and announced plans to liquidate substantially all remaining holdings. Bitdeer reduced its treasury to zero in February. But here's the twist nobody's talking about enough. Over $70 billion in AI and high-performance computing contracts have been announced across the public mining sector — miners aren't just selling Bitcoin, they're using the proceeds to pivot into AI infrastructure entirely. The miners aren't giving up on the industry. They're changing what industry they're in. #MinersDumpRecordBtc

$BTC has 2 major liquidity clusters right now. On the upside, there's a short liquidation cluster around the $76,500 level. On the downside, there's a long liquidation cluster around the $69,500 level. My best guess is that Bitcoin will tap this week's high again before downtrend. #MinersDumpRecordBtc

#MinersDumpRecordBtc We are watching the largest exodus of BTC from miner treasuries in history. MARA, CleanSpark, and Riot dumped over 32,000 BTC in Q1 2026 alone. The logic is simple and brutal. With mining costs hovering at $80,000 and BTC struggling in the $70,000 range, the hardware is essentially printing losses. Instead of waiting for a price rally that might not come fast enough, the giants are pivoting. They are selling their stacks to fund the AI and High Performance Computing (HPC) transition. With over $70 billion in contracts already signed, the top six miners are effectively rebranding as AI infrastructure plays. CoinShares data suggests this capitulation is not over. Unless we see a vertical move past $85,000, the sell pressure from high cost miners will likely dominate the first half of 2026. The hash rate is staying high but the conviction to hold is at an all time low. $RAVE $BASED $ORDI

🚀 Daily Crypto & Markets Digest (Friday Edition) ​Forget the noise. Here’s what actually moved the markets in the last 24 hours — liquidity pressure, institutional moves, and industry transparency. ​🔸 Circle is facing a class action lawsuit over alleged inaction during the Drift Protocol hack, raising fresh concerns around accountability and risk management in stablecoin ecosystems. ​🔸 Tether deployed $127.5M to support Drift Protocol, helping the project compensate users affected by the exploit — a major intervention to stabilize confidence after the breach. ​🔸 Public mining companies sold 32K 🟠 $BTC in Q1, while miner wallets are down 61K BTC year-to-date — continued sell pressure from miners remains a key overhang for the market. ​🔸 Reports suggest Google and the Pentagon are in talks over a potential classified AI deal 🤯 — a reminder that the AI race is increasingly tied to national security. ​🔸 A new study shows only 1% of crypto projects disclose market maker agreements, highlighting a major transparency gap in token liquidity structures. ​🔸 Binance completed its quarterly BNB burn worth $1.02B, continuing its aggressive supply reduction strategy. ​🔸 Financial giant Charles Schwab has officially launched BTC and ETH trading 🤑 — another clear signal of accelerating institutional adoption. ​Liquidity is tightening, institutions are stepping in, and transparency remains a weak spot. The structure of the market is evolving fast — stay sharp. 📊 ​#BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?# #Bitcoin #CoinMoveAlert #OKXOrbitTopics #MyOKXWeb3Moment $BTC $BNB $USDT

The biggest $BTC sellers disappeared. Miners haven’t been selling since February, while whales absorbed 270,000 BTC. When supply disappears like this, soon its impact will be visible in price.

Bitcoin miners are no longer holding — they’re selling to survive. In Q1 2026, public miners dumped a record 32,000 $BTC , far exceeding all of 2025. The reason is simple: production costs ($80K per $BTC ) are higher than market prices ($68–70K), meaning every coin mined is being sold at a loss. With hashprice collapsing and profitability shrinking, many operations are underwater. Major players like Core Scientific and Bitdeer have already started liquidating reserves — some nearly to zero. But here’s the real shift: they’re not exiting — they’re pivoting. Over $70B is being redirected into AI and high-performance computing infrastructure. Miners aren’t quitting the game — they’re switching arenas. This isn’t the end of mining. It’s the evolution of the industry #MinersDumpRecordBtc #DailyOrbit $BTC

The People Who Mine Bitcoin Are Selling It Faster Than Ever Here's Why A year ago, miners were hoarding. Now they're dumping. That reversal tells you everything about where the industry actually stands. Public Bitcoin miners sold a record 32,000 BTC in Q1 2026 more than their entire sell-off across all four quarters of 2025, and surpassing the previous record of 20,000 BTC set during the Terra-Luna collapse in 2022. That's not a small adjustment. That's an industry in survival mode. The math is brutal. The weighted average cost to produce one Bitcoin rose to approximately $79,995 in Q4 2025, while Bitcoin spent much of Q1 trading between $68,000 and $70,000 meaning miners were losing roughly $10,000 on every coin they produced. You can't sustain that for long. Hashprice the key metric measuring revenue per unit of computing power sits at around $33 per PH/s per day, placing approximately 20% of the entire mining industry in unprofitable territory. For older machines, it's even worse. The response has been dramatic. Core Scientific sold roughly 1,900 BTC in January and announced plans to liquidate substantially all remaining holdings. Bitdeer reduced its treasury to zero in February But here's the twist nobody's talking about enough. Over $70 billion in AI and high-performance computing contracts have been announced across the public mining sector miners aren't just selling Bitcoin, they're using the proceeds to pivot into AI infrastructure entirely. The miners aren't giving up on the industry. They're changing what industry they're in. $BTC $ETH $ORDI #MinersDumpRecordBtc #WallStreetsFifthGiant #USIranMixedSignals ​

⚡ #CryptoMinersGoAI – The Strategic Pivot Reshaping the Sector One of the most important structural shifts happening right now is Bitcoin miners aggressively pivoting into AI and high-performance computing (HPC). What started as a hedge against volatile mining margins has become a full-scale transformation. Why is this happening: Pure Bitcoin mining margins remain under pressure (many operators losing money per coin at current hashprice levels). Miners sit on massive, pre-permitted power capacity, cheap land, cooling infrastructure, and grid connections — exactly what hyperscalers and AI firms desperately need right now. AI/HPC contracts offer far more stable, higher-margin revenue than Bitcoin block rewards. Several major miners are on track to derive 50-70% of revenue from AI by the end of 2026. Key players executing well: Companies like Core Scientific, IREN, MARA, Riot, CleanSpark, and Cypher are signing multi-hundred-million-dollar deals, acquiring additional power assets, and in some cases selling BTC holdings to fund the buildout. Early movers are seeing their valuations rerate toward traditional data centre multiples (20-25x EBITDA) versus traditional miner multiples. Trading & investment implications: This pivot diversifies miner risk and creates a higher floor for their equities during crypto winter periods. Watch for companies with strong power contracts and execution — they’re becoming hybrid energy/AI infrastructure plays. Long-term, successful pivots strengthen the entire Bitcoin ecosystem by keeping mining operations viable through diversified revenue. This isn’t a distraction from Bitcoin — it’s smart capital allocation using their core competitive advantage: cheap, scalable power. The miners who execute this transition cleanly will be the big winners of the 2026-2027 cycle. I’m tracking power deals, quarterly AI revenue guidance, and BTC sales closely. This theme has real legs. $BTC $ETH $COAI

ETF FLOWS: US SPOT CRYPTO ETFs FLOWS DATA UPDATE (17-04-2026): 🟩 Bitcoin ETFs: +8,575 $BTC (+$663.91M) 🟩 Ethereum ETFs: +52.5K $ETH (+$127.49M) 🟩 XRP ETFs: +9.44M $XRP (+$13.74M) 🟩 SOLANA ETFs: +145.97K $SOL (+$13.04M) 🟩 ChainLink ETFs: +195.22K $LINK (+$1.89M) 🟥 POLKADOT ETFs: -241.66K $DOT (-$323.39K) 🟩 $LTC, $DOGE, $AVAX, $HBAR Flows Was Zero. TOTAL US SPOT CRYPTO ETFs INFLOW: ≈ +$819.75M U.S. BITCOIN ETFs BOUGHT ~8,575 BTC Worth $663.91M 🇺🇸 BlackRock ETF Has BOUGHT 3,670 BTC for $283.99M And 13.2K ETH for $32.05M 🇺🇸 Grayscale ETF Has BOUGHT 431 BTC for $33.34M And 2.37K ETH for $5.76M 🇺🇸 Fidelity ETF Has BOUGHT 2,110 BTC for $163.42M And 34.66K ETH for $84.13M 🇺🇸 Bitwise ETF Has BOUGHT 494 BTC for $38.22M And 787 ETH for $1.91M 🇺🇸 ARK & 21Shares ETF Has BOUGHT 1,520 BTC for $117.90M And 1.5K ETH for $3.64M 🇺🇸 Morgan Stanley ETF Has BOUGHT 215 ETH for $16.63M 🇺🇸 VanEck ETF Has BOUGHT 85 BTC for $6.56M 🇺🇸 Invesco ETF Has BOUGHT 50 BTC for $3.86M FACT: US SPOT #BitcoinETFs BOUGHT ~19 Day of Mined Bitcoin Supply in Single Day.