This article first appeared in Miner Weekly, a weekly newsletter by Blocksbridge Consulting curating the latest news in energy, compute, infrastructure, and data analysis from The Energy Mag. The original article can be viewed here. Public miners analyzed by TheEnergyMag shed an estimated 56 EH/s of realized hashrate over the first half of 2026—a 15% contraction compared to the 10% drop across the Bitcoin network. Much of that power was not leaving compute altogether. It was being redirected toward the AI retrofit. The change has appeared in the income statement. Directly reported HPC and AI revenue among the comparable miners …


