Part 10/12:
Despite the challenges, the outlook isn't bleak. Historical precedents, such as the 2021 Chinese ban, demonstrate how the mining ecosystem adapts. During that period, mining difficulty decreased by nearly 28%, but Bitcoin’s blockchain continued uninterrupted. Similarly, a reduction in mining activity or difficulty would eventually lower costs and make BTC mining more profitable again.
The AI pivot doesn't spell doom for Bitcoin; rather, it offers an opportunity for diversification. By generating additional revenues, miners could reinvest in expanding their mining operations once market conditions improve.