About 20% of miners are now unprofitable, and publicly traded miners sold more than 32,000 bitcoin in the first quarter to cover operating costs, more than they offloaded in all of 2025.
Bitcoin miners faced significant pressure in Q1, with approximately 20% becoming unprofitable. Publicly traded miners sold over 32,000 Bitcoin to cover operational costs, a figure exceeding their total sales in the previous year. This substantial sell-off contributed to broader…
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