Gate Research: Tether Data Launches QVAC Fabric LLM | Bitcoin Mining Margins Fall to Historic Lows

• Market Commentary: On December 3, the crypto market continued its cautious rebound as the Fear Index hovered at 28. BTC edged up to 91,878 USDT, while ETH reclaimed the 3,010 USDT level. Among major altcoins, SOL (+8.99%) led the recovery, reflecting selective capital rotation and structural dip-buying across the market.
• Top Movers: PIEVERSE (+78.22%) surged after launching the first 1,000-slot NFT recruitment for its Purr-Fect Agent program, reigniting the on-chain AI Agent narrative. LIGHT (+44.35%) rallied on major progress toward an RGB-native DEX, boosting market expectations for Bitcoin scaling solutions and RGB20 cross-layer asset settlement. PARTI (+33.05%) gained momentum as Universal Accounts expanded to Monad and multiple ecosystem integrations—such as with Magic Labs—were announced, strengthening its chain-abstraction thesis.
• Alpha Insights: Bitcoin mining hashprice has fallen to around $35/PH/s, nearing the median hashcost of public miners at roughly $44/PH/s, pushing the sector into a deep compression and accelerated consolidation phase. Tether Data introduced QVAC Fabric LLM, enabling Llama3, Qwen3, and other models to run and fine-tune on consumer-grade hardware, further empowering lightweight open-source AI workflows. Flow Foundation unveiled its roadmap for native protocols—including credit markets, perpetuals, and prediction markets—while Dapper Labs launched Peak Money, collectively reinforcing Flow’s shift toward a more robust on-chain financial infrastructure and ecosystem activity.

Discover more details today → Gate Research: Tether Data Launches QVAC Fabric LLM | Bitcoin Mining Margins Fall to Historic Lows

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Gate Team
December 3, 2025

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