AI-focused Bitcoin miners Core Scientific, Cipher Mining hit hardest in crypto stock sell-off

DeepSeek’s AI model release catalyzed a broader market downturn, with Bitcoin miners facing steep losses. Core Scientific and Cipher Mining, among others, show nearly 30% decline as the crypto market exhibits volatility, impacting significant players such as Coinbase and MicroStrategy.

Bitcoin miners are adapting post-halving, integrating AI and HPC infrastructure into their operations. This shift aims to diversify revenue streams amid fluctuating market dynamics, reflecting an emerging trend towards more technologically advanced mining strategies.