As miners turn their attention to AI, Bitcoin's hash rate has decreased for the first time in six years during the first quarter of this year. This is a common topic among the mining community these days, as it becomes more difficult to make a living solely through mining as before, leading more miners to repurpose their GPU equipment for AI training or other uses.

The decline in hash rate impacts the security of the Bitcoin network, but on the other hand, some analyses suggest that due to adjustments in mining difficulty, the profitability for remaining miners could improve. Looking at the current situation, it seems that the mining industry is entering a structural transition beyond simple profitability issues. When the hash rate will recover likely depends on how Bitcoin's price and mining profitability move.