Bitcoin Miners Fall Below Cash Breakeven at $75.5K per BTC
The cost-price gap is shifting listed miners from expansion to survival, with hardware cancellations, shutdowns and wind-downs already underway.
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The cost-price gap is shifting listed miners from expansion to survival, with hardware cancellations, shutdowns and wind-downs already underway.
An estimated one in five miners is now unprofitable at current BTC prices, and the stress is propagating to the network itself.
The signal isn't just the cost line — it's that public miners are now running at a structurally negative margin while BTC trades in the low production-cost band, a setup that historically pressures…