Just as Bitcoin mining was recovering, mining companies transitioning to AI are starting to suffer. Short sellers of Neocloud have already made a $6 billion profit this month. Since the Bitcoin rebound in July, miners' daily revenue has increased from approximately $27 million to $48 million, and the network hashrate has returned to 1 ZH/s. However, AI computing power companies like CoreWeave, IREN, and Core Scientific are facing a sell-off, with CoreWeave's stock price falling to its lowest level since May of last year. Elon Musk stated bluntly that the debt market has recently almost completely cut off financing for these companies, and he predicts that most of the more than 200 Neocloud companies will be forced out of the market.