"Bitcoin Miners Prepare for Halving Amid AI Boom and Price Retreat"

Bitcoin miners are facing increased competition from AI data centers in places like Texas, as both industries require significant energy and land for their operations. The upcoming halving event, which will cut miners' rewards in half, has prompted them to work more efficiently to stay competitive. Despite Bitcoin's price dip, mining companies claim to be in a relatively comfortable financial position with low debt and no equipment financing pledging mining rigs.