American Bitcoin notes AI boom softens ASIC market as miners pivot

Oracle’s debt-heavy AI expansion shows how private credit has become both the fuel for the AI boom and one of its biggest hidden risks.

Binance pool miner reserves slipped from 41,987 to 41,915 in May, a small but telling sign that selling pressure from miners has not fully stopped. Crypto analysts said that because Binance Pool controls a major share of global hash rate, its behavior tends to reflect how Bitcoin miners feel before the broader market catches on. Related Reading: Bitcoin Treasury Company Nakamoto Takes Action To Prevent Stock Slide The Miner Position Index remains below historical panic-selling levels, and the Puell Multiple — a gauge of miner revenue relative to long-term averages — is still under one. Analysts described the current miner behavior as a “wait phase,” a pattern that has appeared near cycle bottoms before. Long-Term Holders Take Over The Supply Side More than 70% of all circulating Bitcoin is now sitting in the hands of investors who have held for at least a year. That figure crossed back above 15 million BTC for the first time since October 2025, according to data from CryptoQuant. 🚨 $B

Nvidia's earnings highlight a shift for Bitcoin miners towards AI infrastructure, potentially reshaping their business models and market dynamics. The post Nvidia posts strong earnings, boosts Bitcoin miners’ outlook appeared first on Crypto Briefing.

The crypto-friendly legislation was signed into law on Tuesday, granting protections to crypto users, developers, and Bitcoin miners.

Senate Bill 163 bans CBDC payments by state agencies and shields Bitcoin miners from discriminatory zoning and licensing rules.

Bernstein says miners control 27 GW of planned power and $90 billion in AI deals, giving them a strategic edge as electricity becomes the main constraint on data center growth.

Canaan shares fell after the Bitcoin mining company disclosed an $88.7 million first-quarter net loss, its second straight negative period.

AI’s surging demand for power-hungry data centers is turning listed Bitcoin miners into strategic infrastructure plays, with Bernstein flagging nearly $90 billion of announced AI partnerships that could redraw the sector’s economics. Bernstein’s latest research argues that the AI data…