# Сопутствующие статьи по теме Profitability

Новостной центр HTX предлагает последние статьи и углубленный анализ по "Profitability", охватывающие рыночные тренды, новости проектов, развитие технологий и политику регулирования в криптоиндустрии.

Miners' 'Capitulation' Called a Bullish Factor for Bitcoin. Why

RBC Crypto reports that Bitcoin's price drop and increased mining competition have led to record-low profitability for miners, causing a "tactical" decline in hash rate in recent months. According to an analysis by VanEck, historical data since 2014 shows that periods of declining hash rate have often been a bullish signal for Bitcoin's price in the medium term. In 77% of cases where the hash rate fell over a 90-day period, Bitcoin's price saw positive returns over the next 180 days, with an average increase of 72%. This suggests that "miner capitulation may indicate a bottom" for Bitcoin's price. The hash rate peaked at around 1.31 Zh/s on October 24 but dropped to 1.02 Zh/s by December 23, a nearly 25% decline. During this period, Bitcoin's price fell from $110,000 to $87,500, having peaked at $126,200 in early October. Despite low profitability, many mining companies continue operations due to their belief in Bitcoin's future. The report also highlights the role of Digital Asset Treasury (DAT) companies, which have been accumulating Bitcoin as a reserve. Over a 30-day period until mid-December, these companies purchased approximately 42,000 BTC, the largest such acquisition since July-August 2025. However, DAT companies have faced challenges, with median stock prices for US and Canadian firms dropping 43% by December 8, and 70% of DAT stocks expected to be worth less by year-end. Additionally, 85% of tokens launched in 2025 have fallen below their initial offering price.

RBK-crypto12/23 11:07

Miners' 'Capitulation' Called a Bullish Factor for Bitcoin. Why

RBK-crypto12/23 11:07

Oracle Plunges 40%, Will Overbuilding of AI Infrastructure Drag Down Giants?

Oracle's stock has plummeted 40% from its September peak, despite securing over $500 billion in AI infrastructure orders, signaling that massive future contracts no longer guarantee investor confidence. Similar concerns are emerging across the AI supply chain: Broadcom, with a $73 billion AI order backlog, saw its stock drop post-earnings, while GPU cloud provider CoreWeave fell 17% amid rising debt levels. The core issue is a market-wide skepticism about whether AI infrastructure builders—and their clients—can deliver. Orders are highly concentrated among a few tech giants (Meta, Alphabet, Microsoft, Amazon, Apple, Nvidia) and AI startups (OpenAI, Anthropic). Startups rely on external funding, creating obvious risk, but even cash-rich giants are showing strain. They are funding immense AI capex—often exceeding energy sector spending—with debt, while AI’s revenue contribution remains minor compared to core businesses. Oracle’s negative cash flow and record debt issuance highlight the financing challenge. Its novel “customer-owned chips” model shifts risk to clients like OpenAI and Meta, who must pay for and supply their own hardware. If AI demand doesn’t materialize as expected, underutilized data centers could become costly failures. While proponents argue AI growth is exponential and will eventually pay off, the timing is uncertain. The race between AI infrastructure expansion and actual market demand will determine whether giants are strengthened or broken by their bets.

深潮12/13 05:35

Oracle Plunges 40%, Will Overbuilding of AI Infrastructure Drag Down Giants?

深潮12/13 05:35

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