Vitalik Buterin: Bitcoin Mining Splits Capex and Power Evenly

Vitalik Buterin noted Bitcoin mining costs split roughly 50/50 between compute capex and electricity, while AI inference stays almost completely dominated by compute capex.

Bitcoin trades at $81620.6 inside its Bollinger band with upper resistance at $83660.93 and lower support at $80470.29. The EMA50 at $82646.45 and EMA200 at $82171.12 both sit above price, confirming the bearish structure. MACD at -340.22 shows a death cross while RSI at 43.66 remains neutral. Price testing upper band resistance with bearish momentum suggests a retracement toward the 50-EMA support before any continuation attempt.