U.S. Bitcoin miners are facing challenges of resource competition, and they are accumulating cryptocurrency funds to cope with pressure on profit margins. Companies like Mara Holdings, Riot Platforms, and CleanSpark have raised over $3.7 billion from investors, capitalizing on the rise in Bitcoin prices. These funds are mainly obtained through zero or near-zero interest convertible bonds.

However, Core Scientific's Chief Development Officer Russell Cann points out that profitability and grid access remain complex challenges. Miners are planning to expand their artificial intelligence capabilities, which indicates a reversal in the industry's outlook. Cann predicts that future Bitcoin computing power will come more from outside the United States.💡