Smoke from Nicaraguan cigars suffocated the room as a heavy set Bitcoin minor From Deep South we explained how the industry is expanding at an exponential speed.
“You don’t know,” he said after this year’s mining disrupts a pre-party in Fort Lauderdale, Florida, he should not be repeated by President Trump in the campaign trajectory, and you shouldn’t sell your stash.
He had been involved in the space since his early days, and recalls buying a Ferrari for Orange Coin many years ago.
Bitcoin has not stopped climbing for many years New highs President Trump’s November behind victory. Chief’s new commander It was promised During his campaign to help the industry after regulators Cracked violently About the crypto company during the tenure of former President Joe Biden.
Some of the resulting optimism shined at the event. However, this week, there was also a sense of pessimism at the world’s largest crypto mining exposition. People in the fast-moving, inexplicable industry have admitted that they struggled to achieve their goals in the increasingly competitive and high-cost world of Bitcoin mining.
Suitable cases: Bitcoin Price Currently trading hands for under $83,000, down 24% from its all-time high in January. However, mining difficulties continue to surge into new records.
“It’s very difficult to catch up,” the man with a small business in the Cutthroat trade asked not to name him. He quickly changed the topic to talk about Solana-based side hustle.
The challenge of weathering
Mining Bitcoin It is a complex yet local area of the crypto industry. Conceptually, people understand why it is important to space. President Trump even spoke about how important it is to protect businesses, but for many it is too technical to wrap around their heads.
Even the people of code.
But the rest is: Mining Bitcoin requires a lot of resources (cheap energy) to satisfy a loud, powerful machine to keep the payment network down. Usually, a large industrial business, miners receive newly created digital coins when they process blocks on the blockchain.
As the network grows, the difficulties can increase as it is expected. And it takes more people to stay in business. As BTC prices drop, selling Bitcoin rewards may not be enough to cover the costs.
Packed house listening to @miningdisupt panel led by @bitcoin_curtis #bitcoin mining and @ai @compass_mining pic.twitter.com/parggoak68
– Shanon (@shanonsquires) March 26, 2025
Basically, mining Bitcoin is not an easy industry. And, this was a common theme at the conference, included discussions on how mining operations diversify activities.
“There’s a huge opportunity here for Bitcoin mining,” exclaimed data center guru Chad Everett Harris enthusiastically on the panel.
Paul Li, CEO of Mining Technology Provider Fog Hashing, added that miners can’t “overlook” the opportunity to get stuck in the AI growth wave.
but, Decryption I learned, It is not easy to move from the creation of “digital gold” to the implementation of AI data centers.
If even miners registered with NASDAQ are mindful of costs and the prospect of joining the world of AI, a complex venture, where does it leave small players?
A new era?
Before his victory, President Trump I insisted Under his watch, he was pushing for all future Bitcoins to be 100% American.
Miners wanted to avoid talking mainly about politics. Decryptionand it doesn’t look like it’s invisible to the event Bitcoin 2024 Nashville Last summer. However, there was a sense of relief among miners regarding the new administration.
The @BTCMININGMININGMUSEUM collection by @TheCoindad by @MiningDisupt is a must-see.
It’s wild to see how far our industry is coming – I’m excited to see the next decade that I’m holding.
– Brad Cuddy (@_bradcuddy_) March 26, 2025
“The new administration is Probitcoin and Probitcoin mining,” says Shannon Squire, Compass Mining. Decryption. “In my opinion, the geopolitical risks are gone.”
But as Bitcoin mining requires more resources and becomes more mainstream, a crypto-friendly president may not be enough for smaller players to wander around.
“It’s real business,” Squire added. “You have to be efficient at scale. You need to know what they’re doing. You need to be cost-effective in your acquisitions and procurement and run your actual business.”
“That’s not like you know Cryptographic ICO Where you make money from nothing,” he concluded.
edit Andrew Hayward
