Bitcoin network hashrate is 50% below trend as miners shift to AI
Bitcoin mining capacity has shifted away from the network toward AI uses, reducing mining output capacity.
Source →The trace
How it reaches your house.
Starting from AI Training GPU (H100/H200/B200 class), we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
High-Bandwidth Memory (HBM3/HBM3E) →Stands to benefitSK HynixHXSCL
As the largest HBM supplier by the stated 62% share, SK Hynix benefits from tighter AI-memory demand and stronger pricing power.
83% confidenceHigh-Bandwidth Memory (HBM3/HBM3E) →Stands to benefitSamsung Electronics005930.KS
Samsung's significant HBM share means it also benefits from firmer demand and pricing as AI-related memory demand tightens supply.
82% confidenceHigh-Bandwidth Memory (HBM3/HBM3E) →Shortage riskHop 2
CoWoS Advanced Packaging (TSMC) →Shortage riskCoWoS is a critical advanced-packaging input for GPUs and AI accelerators, so any tightness at this node directly constrains their output.
90% confidenceAdvanced Logic Wafer (TSMC N3/N4) →Shortage riskAdvanced logic wafers are a critical near-sole input for GPUs and AI accelerators, so tighter N3/N4 capacity constrains their output.
86% confidenceCoWoS Advanced Packaging (TSMC) →Stands to benefitHop 3
ABF Substrate (Ajinomoto Build-up Film) →Stands to benefitABF substrate demand should rise with AI server demand, and this 95% sole-qualified supplier with a 60-month replacement lead time captures most of the upside.
95% confidenceABF Substrate (Ajinomoto Build-up Film) →Stands to benefitThe graph assigns Ajinomoto Co. a 90% supply share for ABF substrate, so higher demand should benefit the group materially.
90% confidenceTaiwan Semiconductor Manufacturing Company (TSMC) →Stands to benefit
Where it lands
What you buy, and what you own.
Goods you buy
Servers and cloud hardware · GPUs and AI accelerators
In the MyPRIA app, this is checked against your own holdings.