ChainCatcher Message: According to the official announcement, Gate Web3 Swap was fully upgraded on December 30, 2025, reconstructing the underlying trading logic to achieve the integration of Swap and Bridge modes. This upgrade adds support for 9 public blockchains and native assets, including Bitcoin (BTC), Litecoin (LTC), Zcash (ZEC), and others. Users no longer need to distinguish between single-chain or cross-chain transactions; they can experience maximum efficiency through a unified interface. Additionally, the new features support customizable receiving addresses and transparent routing, aiming to provide a smoother and more flexible asset transfer experience.
Gate Swap is an AMM DEX deployed within the Gate Layer ecosystem, focused on providing deep liquidity support and efficient trading experiences for the Gate Layer ecosystem. Through optimized trading mechanisms and intelligent liquidity management, it helps users achieve seamless, cost-effective asset exchanges.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
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Miners are no longer mining Bitcoin; they are selling electricity to AI.
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Mining one Bitcoin costs $87,000. When sold, the market only pays you $67,000.
For each Bitcoin mined, you net a loss of $20,000. It’s not just losing on fees or electricity fluctuations; it’s a solid loss—losing $20,000 for every Bitcoin produced. This is the reality in March 2026. Data from Glassnode and MacroMicro both point to the same conclusion: Bitcoin mining, at current prices, is a losing business.
But miners aren’t just sitting around waiting to die. They’ve made a choice that the entire market didn’t expect—they’re stopping mining and selling electricity to AI.
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Since Bitcoin dropped from 126,000 in October 2025
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