According to CoinMeta, as reported by Cointelegraph, data from Blocksbridge Consulting shows that in the second quarter of 2026, the computing power of public Bitcoin miners dropped to 319 EH /s, a decrease of 13.4% compared to the fourth quarter of 2025. Excluding Bitdeer, the computing power of this group decreased by 21.2%, while the overall computing power of the Bitcoin network decreased by 10.6% during the same period. Core Scientific's hosting revenue in the second quarter reached 136.7 million US dollars, exceeding the mining revenue of 27.5 million US dollars. HPC's rental revenue was 31.9 million US dollars, which is higher than the mining earnings of 12.8 million US dollars. AI and the demand for high-performance computing are reshaping the business structure of the mining industry.