News
19 Jan 2026, 15:51
How Bitcoin mining heat is being tested to warm Canadian greenhouses

Can Bitcoin mining heat grow food? A Manitoba pilot explores using crypto server heat to cut greenhouse energy costs and emissions.
19 Jan 2026, 12:49
Bitcoin hashrate drops 15% from October high as miner capitulation drags into almost 60 days

Bitcoin mining difficulty set for a 4% decline, the seventh negative adjustment in the past eight.
19 Jan 2026, 11:31
Bybit Launches Fiat-to-Crypto Frenzy for New Users With 97,200 USDT Reward Pool

BitcoinWorld Bybit Launches Fiat-to-Crypto Frenzy for New Users With 97,200 USDT Reward Pool DUBAI, UAE, Jan. 19, 2026 /PRNewswire/ — Bybit , the world’s second-largest cryptocurrency exchange by trading volume, has introduced a new user-exclusive campaign Fiat-to-Crypto Frenzy , offering participants the opportunity to earn rewards from a total pool of 97,200 USDT by completing a series of introductory tasks. The campaign highlights Bybit Fiat, a service designed to give users access to more than 300 cryptocurrencies using local fiat currencies. Through supported channels such as P2P Trading, Fiat Deposit and One-Click Buy, users can purchase major digital assets including USDT, BTC and ETH, as well as explore popular altcoins such as DOGE, LAYER and MNT. Bybit P2P is positioned as a fast and streamlined option for peer-to-peer crypto transactions. Fiat-to-Crypto Frenzy is available exclusively to new users who register and complete Identity Verification Level 1 during the event period, which runs from Jan. 12, 2026, at 10 a.m. UTC through April 15, 2026, at 11 p.m. UTC. Eligible participants can earn Lucky Draw tickets by completing a set of predefined deposit, payment and trading tasks available through the Bybit Rewards Hub. The tasks include depositing a minimum of 20 USDT via qualifying fiat or P2P channels, spending at least 25 USDT using Bybit Pay, and executing trades totaling 100 USDT across spot and derivatives markets. Each completed task grants Lucky Draw tickets, with each ticket representing one entry into a weekly draw for USDT rewards. Lucky Draw rewards are distributed on a first-come, first-served basis and may be fully allocated before the scheduled end of the campaign. Rewards are credited to eligible users’ Rewards Hub accounts within 14 working days after the event concludes and must be manually claimed. Disclaimer: Participation is subject to regional and regulatory restrictions. Users residing in the European Economic Area are not eligible to register for events or receive rewards, and participants from India, Vietnam and the Philippines are excluded from receiving rewards related to Bybit Pay tasks. Additional country and regional restrictions apply in accordance with Bybit policies. #Bybit / #CryptoArk About Bybit Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com . For more details about Bybit, please visit Bybit Press For media inquiries, please contact: [email protected] For updates, please follow: Bybit’s Communities and Social Media Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube This post Bybit Launches Fiat-to-Crypto Frenzy for New Users With 97,200 USDT Reward Pool first appeared on BitcoinWorld .
19 Jan 2026, 08:30
Canaan Faces Nasdaq Delisting Risk as Shares Sink

The company now has until July 13 to regain compliance or face possible delisting. Canaan shares are down about 60% over the past year, with the company acknowledging it may pursue a reverse stock split if needed. On the other hand, Michael Saylor signaled another potential Bitcoin purchase by Strategy after the firm added $1.25 billion worth of Bitcoin last week. Strategy now holds 687,410 BTC at an average purchase price of $75,353. Canaan Stock Under Pressure Crypto mining hardware maker Canaan Inc. received a formal warning from Nasdaq after its share price fell below the exchange’s minimum listing requirements. Canaan disclosed on Friday that Nasdaq contacted the firm earlier in the week to notify it that it was no longer compliant with listing rules because its shares traded below the $1 minimum bid price for 30 consecutive business days. Statement from Canaan Under Nasdaq rules, Canaan has been granted a 180-day grace period, running until July 13, to regain compliance. To meet the requirement, the company’s shares must close at or above $1 for at least 10 consecutive trading days. Canaan’s stock last traded above the $1 threshold on Nov. 28 and has struggled to recover since then. On Friday, shares closed at $0.79, down nearly 4% on the day, and the stock has not traded above $3 since December of 2024. Over the past 12 months, Canaan’s share price has fallen roughly 63% . Canaan stock price over the past 12 months (Source: CoinCodex) The warning comes at a time when many crypto mining firms are facing structural challenges. A growing number of miners shifted some or all of their operations toward supplying computing power for artificial intelligence workloads, which has reduced demand for traditional crypto mining rigs. This shift has weighed on hardware manufacturers like Canaan. Canaan said that if it fails to regain compliance by the July deadline, Nasdaq staff may still grant additional time if the company applies for an extension. As part of that process, Canaan acknowledged it could pursue a reverse stock split, which reduces the number of outstanding shares in order to increase the per-share price. If Nasdaq ultimately determines that Canaan cannot realistically meet the requirements, the company could face delisting. The situation is very similar to the challenges faced by other firms. In December, Bitcoin treasury company Kindly MD received a similar Nasdaq notice after trading below $1 for 30 days, while in August the exchange delisted Windtree Therapeutics, triggering a steep sell-off. For Canaan, the next few months will be critical as it seeks to stabilize its stock and avoid a similar fate. Saylor Teases Another Bitcoin Buy While the struggles of other crypto companies are mounting, Michael Saylor once again suggested that a major Bitcoin purchase by Strategy may be imminent. In a post on X over the weekend, Saylor shared a chart from StrategyTracker showing Bitcoin price movements alongside the timing of Strategy’s previous Bitcoin buys. The post was captioned simply “Bigger Orange,” a phrase Saylor has repeatedly used in the past to tease upcoming purchases. The hint comes just days after Strategy added $1.25 billion worth of Bitcoin to its balance sheet. The company began 2026 with a purchase of 1,283 BTC for roughly $116 million on Jan. 4, before following up with a much larger acquisition of 13,627 BTC for $1.25 billion on Jan. 11. Strategy has shown no signs of slowing its Bitcoin accumulation this year, despite broader market volatility and scrutiny of its capital structure. According to data from StrategyTracker , the firm now holds 687,410 BTC, which was acquired at an average price of $75,353 per coin. With Bitcoin currently trading close to $92,500 , Strategy’s Bitcoin reserves are still firmly in profit. BTC’s price action over the past 24 hours (Source: CoinCodex) Despite this, Strategy’s equity performance has told a different story. Over the past 12 months, the company’s share price has fallen by roughly 52.7%, with shares trading around $173.71 as of mid-January, according to CoinCodex. The decline reflects investor concerns about the firm’s reliance on debt to fund its Bitcoin strategy. Strategy raised capital primarily through the issuance of short-term convertible notes, which allows debt holders to convert their holdings into equity at a later date. Those concerns are expected to intensify in late 2027 and 2028, when holders of billions of dollars’ worth of convertible notes will gain the option to convert, potentially putting pressure on the company to raise large amounts of capital. While Strategy repeatedly stated that it has sufficient resources to manage these obligations, it has also acknowledged that selling a portion of its Bitcoin holdings could be an option if liquidity becomes constrained.
19 Jan 2026, 06:27
Bitcoin Network Hashrate Drops to Lowest Level Since September Amid AI Shift

Bitcoin’s network hashrate has slipped below 1,000 exahash per second (EH/s) for the first time since mid-September, as miners increasingly redirect capacity toward artificial intelligence infrastructure. Key Takeaways: Bitcoin’s hashrate has slipped below 1,000 EH/s, down nearly 15% from its October peak. Miners are shifting power toward AI workloads that offer steadier returns. AI is now directly competing with Bitcoin mining for compute and energy. Data from Hashrate Index shows the network’s seven-day moving average declined to about 993 EH/s after briefly dipping below the 1 zetahash per second mark over the weekend. The pullback marks a near 15% slide from the cycle high of roughly 1,157 EH/s reached in mid-October, pointing to a tangible reduction in active mining power. Miners Shift Power to AI as Bitcoin Mining Margins Tighten Industry participants say the move reflects changing economics rather than waning confidence in Bitcoin mining. Leon Lyu, founder and CEO of StandardHash, said miners are reallocating electricity toward AI and high-performance computing workloads that currently offer more predictable margins. Large-scale mining facilities, designed with substantial power access and cooling capacity, can be repurposed relatively quickly to support data-center style operations. The shift follows a prolonged period of pressure on miner profitability. Trade publication TheMinerMag previously described 2025 as one of the toughest margin environments on record, citing weaker revenue and rising debt burdens across the sector. Against that backdrop, AI compute has become an increasingly attractive alternative, especially for operators seeking to stabilize cash flow. Lyu cautioned that reported hashrate figures may understate actual activity. He suggested Bitmain, the world’s largest mining hardware manufacturer, could be deploying machines through secondary channels or private partnerships that are not immediately visible in public metrics. If accurate, that would mean some capacity remains active but is not fully captured by standard measurements. The hashrate decline has occurred despite recent tailwinds. Bitcoin mining difficulty has adjusted downward four times since mid-November, lowering the computational work required to mine blocks. At the same time, hashprice, a benchmark for miner revenue, has climbed from around $37 to $40 per petahash per second per day over the past month, signaling improving economics. Even so, the latest data underscores a broader trend. As competition for power intensifies, artificial intelligence is no longer a side project for miners but a direct rival for compute, reshaping how capital and energy are allocated across the Bitcoin mining industry. Bitcoin Hashrate Alert: A Shift in the Mining Landscape For the first time since Sept 2025, BTC's 7-day average hashrate has fallen below 1 ZH/s. A -4.34% difficulty adjustment is expected in ~3 days. What’s driving the exodus? 1⃣ The AI Pivot: Major mining firms are… pic.twitter.com/hg8O8xBIkx — Leon Lyu (@LeonLyuLv) January 19, 2026 Study Challenges Bitcoin Mining Energy Criticism Bitcoin mining can strengthen electrical grids and lower consumer electricity costs rather than strain power systems, according to a detailed analysis by independent researcher Daniel Batten. His research challenges common claims that mining destabilizes grids or drives up energy prices, drawing on peer-reviewed studies and operational data to argue that the industry’s flexible power usage can provide measurable system benefits. Meanwhile, Bitmain is cutting prices aggressively across multiple generations of Bitcoin mining hardware as pressure builds across the mining sector, according to recent promotional campaigns and internal price lists circulated to customers. One promotion dated Dec. 23 offered a package of four S19 XP+ Hydro units paired with an ANTRACK V2 container, implying an effective price of roughly $4 per terahash for the 19 J/TH machines. The post Bitcoin Network Hashrate Drops to Lowest Level Since September Amid AI Shift appeared first on Cryptonews .
19 Jan 2026, 05:40
Bitcoin Hashrate Plummets Below 1000 EH/s as Miners Chase Lucrative AI Opportunities

BitcoinWorld Bitcoin Hashrate Plummets Below 1000 EH/s as Miners Chase Lucrative AI Opportunities In a significant shift for the world’s largest cryptocurrency, the Bitcoin network’s computational power has dipped below the 1,000 exahash per second threshold for the first time since late 2023. This notable decline in the Bitcoin hashrate, reported by Cointelegraph and confirmed by Hashrate Index data, signals a potential reallocation of global computing resources. The seven-day average now sits at 993 EH/s, representing a substantial 15% decrease from the record high of 1,157 EH/s observed on October 19, 2024. Industry analysts immediately pointed toward the burgeoning artificial intelligence sector as a primary catalyst for this change, suggesting miners are pursuing more profitable ventures. Bitcoin Hashrate Decline: Analyzing the Data and Timeline The Hashrate Index provides a crucial, real-time window into the Bitcoin network’s health. Its data reveals a steady downward trajectory from the October peak. Consequently, the drop below 1,000 EH/s—or 1 zettahash per second (ZH/s)—marks a psychological and technical milestone. For context, network hashrate measures the total computational power dedicated to securing the blockchain and processing transactions. Historically, this metric has shown a strong upward trend, closely correlated with Bitcoin’s price and mining profitability. However, the current reversal breaks a four-month pattern of sustained strength. This shift coincides with a period of relative price stability for BTC, further highlighting external economic pressures on mining operations. To understand the scale, consider that 1 exahash equals one quintillion hashes per second. The network’s current level still represents immense global infrastructure. Yet, the 15% contraction is meaningful. A comparative timeline illustrates the change clearly: Date Event 7-Day Avg. Hashrate Oct 19, 2024 All-Time High Recorded 1,157 EH/s Late Jan 2025 Decline Below 1,000 EH/s 993 EH/s Change — -15% This data provides a factual foundation for the ongoing narrative. Meanwhile, the mining industry faces evolving economic realities. The AI Investment Thesis: Reshaping Computational Economics The primary driver behind this hashrate migration appears to be financial. Artificial intelligence workloads, particularly for training large language models, offer potentially higher and more consistent returns than cryptocurrency mining. These AI operations require similar hardware, especially high-performance GPUs and advanced ASICs, which are now being repurposed. Mining firms, always seeking optimal capital allocation, are logically diversifying. This trend represents a maturation of the infrastructure sector built around proof-of-work consensus. Furthermore, the energy-intensive nature of both industries makes power contracts and location strategies directly comparable. Key factors making AI attractive to miners include: Predictable Revenue: AI compute contracts often provide stable, upfront pricing, unlike the volatility of block rewards and transaction fees. Regulatory Clarity: In some jurisdictions, AI development faces fewer regulatory hurdles than cryptocurrency operations. Institutional Demand: Massive investment from tech giants creates a deep, liquid market for computational power. Technological Synergy: The latest generation of mining hardware is increasingly applicable to specific AI tasks. This economic calculus is compelling. As a result, capital is flowing toward what analysts term ‘high-performance compute’ (HPC) generally, rather than exclusively toward Bitcoin. Expert Analysis on Network Security and Future Implications Industry observers are closely monitoring the security implications. Bitcoin’s security model fundamentally relies on the cost of attacking the network exceeding potential rewards. A lower hashrate could, in theory, make the network temporarily more vulnerable to a 51% attack, though the current level remains prohibitively high for any single actor. The network’s difficulty adjustment algorithm serves as a critical built-in stabilizer. This algorithm automatically recalibrates the mining difficulty approximately every two weeks based on the total hashrate. Therefore, a sustained drop will lead to a downward difficulty adjustment, making mining more profitable for remaining participants and potentially enticing some power back. Jaran Mellerud, a crypto-mining analyst, has previously noted this cross-industry competition. He states that public mining companies are under shareholder pressure to maximize returns on their massive hardware investments. The AI sector currently presents a compelling alternative. This reallocation is not necessarily permanent but reflects dynamic market forces. The long-term health of the Bitcoin network may depend on the next halving event’s impact on miner economics and the development of more energy-efficient mining technologies. Historical Context and Cyclical Nature of Mining Hashrate fluctuations are not unprecedented. The Bitcoin network has experienced significant drops before, often tied to: Major price corrections reducing miner profitability. Geopolitical events, such as China’s 2021 mining ban. Seasonal changes in energy availability and cost. The current scenario is unique because the pull factor is not negative (like a ban or crash) but positive—a more lucrative alternative. This represents a new phase of competition for global energy and silicon. Historically, the network has proven resilient, with hashrate always recovering and reaching new highs over multi-year timeframes. The current shift toward AI may accelerate the geographic redistribution of mining, pushing it further toward regions with stranded, renewable energy that is less competitive for AI data centers, which often prioritize low-latency network connections over pure cost. Conclusion The decline of the Bitcoin hashrate below 1,000 EH/s underscores a pivotal moment of industry convergence. Miners, acting as rational economic agents, are diversifying into the high-growth artificial intelligence sector. This movement highlights the evolving landscape of global computation, where blockchain security and AI development now compete directly for resources. While the short-term effect is a measurable drop in Bitcoin’s computational backing, the network’s inherent difficulty adjustment promises equilibrium. Ultimately, this event may strengthen both industries by forcing greater efficiency and innovation in how the world’s most powerful computers are deployed. The Bitcoin hashrate will remain a key metric to watch, not just for crypto enthusiasts, but for anyone tracking the flow of capital and computation in the digital age. FAQs Q1: What does Bitcoin hashrate measure? The Bitcoin hashrate measures the total combined computational power used by miners to process transactions and secure the Bitcoin network. It is expressed in hashes per second (e.g., exahashes). Q2: Why is the hashrate falling if Bitcoin’s price is stable? Stability is not enough for miners who face fixed costs. The decline is primarily attributed to miners reallocating their powerful hardware to artificial intelligence workloads, which currently offer the potential for higher and more predictable returns. Q3: Does a lower hashrate make Bitcoin less secure? In the short term, a lower hashrate can theoretically reduce the cost to attack the network. However, Bitcoin’s current hashrate remains astronomically high, making an attack impractical and expensive. The network also has a difficulty adjustment that restores equilibrium over time. Q4: What is the network’s difficulty adjustment? Approximately every two weeks, the Bitcoin protocol automatically adjusts the ‘difficulty’ of the cryptographic puzzle miners must solve. If hashrate falls, difficulty decreases, making it easier and more profitable for the remaining miners to find blocks, which should attract hashpower back. Q5: Will the hashrate ever recover? Historically, Bitcoin’s hashrate has always recovered from setbacks and gone on to set new records. Recovery could be driven by a rise in Bitcoin’s price, a drop in AI profitability, a reduction in mining costs, or the next halving event altering miner economics. This post Bitcoin Hashrate Plummets Below 1000 EH/s as Miners Chase Lucrative AI Opportunities first appeared on BitcoinWorld .







































