MarketPR
One in five Bitcoin miners is now running at a loss, with revenue slipping below production costs across a meaningful slice of the industry.
The strain is not contained to income statements — it is registering at the network level, signaling that the margin squeeze has moved beyond isolated operators into something more systemic.
The Unprofitability Threshold An estimated 20% of the mining cohort has crossed into loss-making territory at current $BTC prices, according to the source data.
That share matters because miners who cannot cover costs face a hard binary: absorb losses while holding mined coins in anticipation of a price recovery, or sell output and equipment to meet obligations.
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