Prediction evidence

"Core Scientific spent roughly $12.2 million more mining Bitcoin than that mining generated in revenue" The Core Scientific numbers that show how hard pure Bitcoin mining has become "You can dive into the numbers. Look at the second quarter results from Core Scientific. Their total revenue was $164.2 million, and $136.7 of that came from AI and high density colocation, approximately 83% of their total revenues" "Bitcoin self mining revenue was $21.5 million, versus $136.7 on AI. The cost of that mining was $33.7 million" "It just shows how hard it is to be a pure Bitcoin miner in this industry, especially when prices are depressed"