Bitcoin mining analysts have differing opinions on hashrate forecasts. Dr. Jeff Ross of Vailshire Capital predicts that hashrate may surge in 2026, citing a provision in US tax law that allows for immediate depreciation of new mining hardware, which can fund Bitcoin purchases. Conversely, Bob Burnett, CEO of Barefoot Mining, believes that energy supply, not funding, is the main bottleneck, with grid interconnection projects in key hubs like Texas delayed for years. He estimates that hashrate growth will follow Moore's Law.
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Bitcoin mining analysts have differing opinions on hashrate forecasts. Dr. Jeff Ross of Vailshire Capital predicts that hashrate may surge in 2026, citing a provision in US tax law that allows for immediate depreciation of new mining hardware, which can fund Bitcoin purchases. Conversely, Bob Burnett, CEO of Barefoot Mining, believes that energy supply, not funding, is the main bottleneck, with grid interconnection projects in key hubs like Texas delayed for years. He estimates that hashrate growth will follow Moore's Law.