Bitcoin Difficulty Set to Rise 5.68%, Squeezing Miners
At 20 J/TH and 8 cents per kWh, the projected retarget would turn a $1.37 daily electricity cushion per PH/s into a $0.77 shortfall.
Every Zipp story tagged #Hashprice, newest first.
At 20 J/TH and 8 cents per kWh, the projected retarget would turn a $1.37 daily electricity cushion per PH/s into a $0.77 shortfall.
A modest hashprice gain has not settled the outlook: weak fees and an immature difficulty forecast leave miner economics tied to BTC and subsidy.
The cost-price gap is shifting listed miners from expansion to survival, with hardware cancellations, shutdowns and wind-downs already underway.
August's 24.4% hashprice rally is already being absorbed by a 1.31% difficulty bump, and Texas's seasonal curtailment window closes in September. The restart itself becomes the squeeze.
Power infrastructure and long-term compute contracts, not bitcoin production, are where the market has priced the real value, and a 21% hashrate drop is reshaping pure-play miner economics.
All-time production but zero retention: when even a low-cost vertically integrated miner dumps the entire monthly haul, the read is that the marginal cost of hashrate still doesn't pencil out at…
The mid-June difficulty cut confirmed a thesis the floor argument never wanted to accept: Bitcoin can trade well below average cost and the network keeps running, with public miners dumping treasury…