Squeezing Profit from the Margins: Uncovering Stranded Sats

Las Vegas is behind me. Three days, one panel, 24 scheduled meetings, and more conversations on the floor than I can count. The Bitcoin Conference 2026 felt more measured than previous years, which makes sense with Bitcoin still below $100K, but in many ways that’s when the real signal emerges. Less noise, more substance. What stood out most wasn’t just the deal flow, but a structural shift that’s now impossible to ignore: AI and HPC are no longer a side conversation in mining circles. The...