Bitcoin mining revenue has experienced a historic decline despite robust network security levels. Hashprice, currently below $35 per PH/s, is driving this trend, posing challenges to profitability. While Bitcoin price remains near $95,000, miners are facing increasing pressure to adapt their strategies. 8 key takeaways: 1) Miners see revenue decline despite high network security. 2) Profitability challenges necessitate strategic diversifications. 3) Bitcoin price stability hampers revenue models. 4) Effective capital management and diversification into AI are crucial for miners’ resilience. 5) The mining difficulty remains high, hovering around 150 trillion with a hashrate of 1.1 zettahash/s. 6) Companies like CleanSpark are shifting towards AI infrastructure to diversify income streams. 7) Market reactions involve increasing pressure on profitability due to operational challenges and debt issuance. 8) Successful diversification strategies offer resilience against revenue compression, as evidenced by CleanSpark’s report of growing revenues amidst broader mining compression.