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 has been trading below its mining cost for five months, significantly impacting profitability for miners. Approximately 20% of all miners are currently unprofitable, leading to increased selling pressure. Publicly traded miners offloaded over 32,000 Bitcoin in the first…
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