The Financialization of Mining Hashrate: From Collateral Loans to Capacity Absorption – What's Happening to the Mining Industry?
Bitcoin mining is no longer just about mining coins. Coinbase launches hashrate-backed loans, Core Scientific signs $8.7B AI hosting deal with CoreWeave, Riot Platforms leases data center to AMD, Luxor launches hashrate forward contracts. The financialization of hashrate is rewriting mining logic – what does it mean for investors?