🚀 Bitcoin miners are nearing a $40 billion market cap, doubling in just seven months as BTC prices soar. However, challenges loom:

- **Revenue Crunch**: Miners' rewards were halved in April, and daily mining output is limited to 450 BTC.

- **Rising Difficulty**: Mining difficulty is set to increase by 3%, making block production more costly.

- **Hashrate Surge**: Sustained above 700 EH/s, indicating intense computational demand.

Miners are diversifying into AI and HPC to boost revenue. IREN saw a 30% share surge on AI interest, while MARA Holdings increased its BTC holdings. Thoughts on these strategies? Share in the comments!