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 are facing significant financial pressure, with approximately 20% of them currently unprofitable. This situation has led to substantial sell-offs in the market. Publicly traded miners offloaded over 32,000 bitcoins in the first quarter alone to cover operating…
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