Bitcoin price surges $114,000, forcing miners to rethink energy, efficiency and geographic location
Source: CoinWorld
Time: 2025-09-12 00:47:16
As Bitcoin prices approach $114,000, miners are investing in advanced ASIC miners to switch to renewable energy and move to areas with loose supervision and lower costs. Major companies are signing long-term power agreements and developing solar/wind farms to ensure sustainability and reduce costs. Capital expenditure is rising and financing has reached billions of dollars, indicating that industry confidence remains strong despite persistent challenges such as regulatory scrutiny and market volatility.