Bitcoin News Update: Post-Halving Challenges and Rising Energy Expenses Propel Consolidation in Bitcoin Mining

Bitget App

Trade smarter

Bitget

News

Markets

Bitcoin News Update: Post-Halving Challenges and Rising Energy Expenses Propel Consolidation in Bitcoin Mining

Bitget-RWA2025/11/12 03:32

By:Bitget-RWA

- Bitcoin mining faces intense consolidation as post-halving pressures and energy costs eliminate smaller operators, per Marathon CEO. - JPMorgan highlights U.S. miners' energy-efficient infrastructure as prime M&A targets for hyperscalers and AI firms seeking scale. - Greenidge's modular Pod X technology boosts mining efficiency by 35%, positioning it as a leader in capital-efficient operations. - Bernstein identifies Riot Platforms as top consolidator, citing its aggressive $2B+ acquisition attempts to s

The

Bitcoin

mining sector is now facing fierce competition, with Marathon Digital Holdings' CEO predicting that only the most robust and efficient companies will survive the upcoming cycle. This caution highlights a significant transformation in the industry, fueled by financial strain after the halving, rising energy expenses, and a notable increase in mergers and acquisitions (M&A),

as reported by Coindesk

According to JPMorgan analysts, publicly traded Bitcoin miners in the U.S.—which together utilize up to 5 gigawatts of electricity and could tap into another 2.5 gigawatts—are becoming prime acquisition targets for hyperscalers and AI companies eager for energy-efficient infrastructure,

as reported by Coindesk

. The latest halving, which cut block rewards and increased price swings, has left smaller mining firms in a precarious financial position, making them more open to buyout proposals,

as reported by Coindesk

. This pattern is already evident: CoreWeave's 200-megawatt AI partnership with

Core Scientific

, along with a hostile takeover attempt by

Riot Platforms

(RIOT) for

Bitfarms

, reflect a broader industry shift toward high-performance computing (HPC) and strategic consolidation,

as reported by Coindesk

Brokerage Bernstein has identified Riot Platforms as the leading consolidator, pointing to its financial resources to pursue acquisitions,

as reported by Coindesk

. Riot’s aggressive move to acquire Bitfarms in October 2024 illustrates the increasingly competitive tactics being used to secure scale and energy agreements,

as reported by Coindesk

. JPMorgan suggests that this wave of consolidation could "streamline the Bitcoin network" by shifting energy resources away from smaller players, potentially increasing profits for those who remain,

as reported by Coindesk

Innovation is also transforming the sector. Greenidge Generation Holdings Inc. has recently launched the Greenidge Pod X, a modular mining solution aimed at boosting efficiency and operational uptime,

as reported by Business Wire

. The Pod X can accommodate 792 miners in a single unit—35% more than similar products—and has already been installed in four U.S. states, allowing for quick setup at new locations,

as reported by Business Wire

. CEO Jordan Kovler highlighted that the Pod X sets Greenidge apart from competitors, positioning the company as a frontrunner in a market where operational scale and capital efficiency are increasingly important,

as reported by Business Wire

Nonetheless, challenges persist. While JPMorgan expects M&A activity to pick up speed, analysts warn that regulatory hurdles and fluctuations in the energy market could complicate transactions,

as reported by Coindesk

. Moreover, the success of integrating HPC depends on miners’ ability to generate revenue from computing power beyond Bitcoin, a shift that comes with its own set of risks,

as reported by Coindesk

At present, the industry's future rests on two key factors: securing affordable, scalable energy and adapting to rapidly changing technological and financial conditions. As the CEO of Marathon put it, "The next cycle will separate the resilient from the obsolete."

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

- U.S. regulators enable crypto ETPs to stake assets and distribute rewards, removing legal barriers for institutional adoption. - Canary Capital's XRPC ETF becomes first U.S. product offering direct XRP exposure, holding tokens in custody with Gemini and BitGo. - XRP's 53% trading volume surge and 36% price discount highlight growing demand for regulated altcoin access amid Ripple's cross-border payment expansion. - Government shutdown resolution and SEC's streamlined procedures accelerate crypto product

Bitget-RWA•2025/11/13 19:15

XRP News Today: U.S. Authorities Approve Staking Incentives, Advancing Widespread Crypto Acceptance

UFC Turns Spectators into Active Prediction Experts

- UFC parent TKO Group partners with Polymarket to integrate real-time fan prediction markets into live broadcasts, marking a first for major sports. - The collaboration features global sentiment scoreboards during fights and speculative social media content for post-fight matchups, enhancing audience interaction. - Zuffa Boxing (launching Jan 2026) adopts Polymarket as its first official partner, aligning with TKO's streaming strategy on Paramount+ and boosting stock by 2.3% premarket. - Polymarket's $15B

Bitget-RWA•2025/11/13 19:15

UFC Turns Spectators into Active Prediction Experts

Bitcoin Updates: As Cryptocurrency Faces Challenges, Miners Turn to AI for Adaptation

- Bitcoin fell to $98,000 amid surging futures liquidations, with long-term holders offloading 815,000 BTC as key support levels face breakdown risks. - Miners like Bitfarms pivot to AI infrastructure amid shrinking crypto profits, reflecting industry-wide strategic shifts toward stable revenue streams. - U.S. miners struggle with 36-40% hashrate share despite crypto-friendly policies, relying on state-level energy initiatives rather than federal support. - Market analysis highlights $98,000 liquidity clus

Bitget-RWA•2025/11/13 19:15

Bitcoin Updates: As Cryptocurrency Faces Challenges, Miners Turn to AI for Adaptation

Fed Split: Inflation Hardliners and Employment Advocates Disagree on Interest Rate Reduction

- U.S. Federal Reserve faces uncertainty ahead of December meeting due to delayed government data from the shutdown. - Officials split between rate-cut advocates (e.g., Mary Daly) and hawks (e.g., Susan Collins) over inflation risks and labor market gaps. - Market expectations now favor a 55% chance of a December rate cut, down from earlier confidence amid cautious official statements. - Fed relies on private-sector indicators to assess inflation and employment, but lacks comprehensive official data for cl

Bitget-RWA•2025/11/13 19:15