2025-12-02 23:38:33

Bitcoin miners are facing a brutal reality check. Hashprice just collapsed to around $35 per petahash per second—levels we haven't seen in ages. Here's the kicker: most public mining operations are running median hashcosts near $44. Do the math. They're barely breaking even, if that.

This isn't just a dip. Mining margins have cratered to historic lows, squeezing profitability across the board. Smaller players? They're feeling the heat even more. The gap between what it costs to mine and what miners actually earn has narrowed to a razor's edge. Some are already operating at a loss.

What happens next could reshape the mining landscape entirely.

BTC2.54%

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AlphaBrain

· 12-04 04:49

Miners are really having a hard time now; profit margins have already bottomed out.

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AlwaysQuestioning

· 12-03 13:52

Mining really can't hold on anymore, this drop in hashprice is ridiculous... Small miners should probably just call it a night.

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ResearchChadButBroke

· 12-03 13:29

Miners really need to wake up now. A $35 hashprice is a slap in the face, while the cost is $44...this is pretty much just waiting to die.

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DAOdreamer

· 12-03 00:03

The mining scene is really about to be reshuffled, with a cost of $44 compared to a price of $35... How many small miners can this price difference bankrupt?

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NightAirdropper

· 12-03 00:02

Mining this job seems really unsustainable. With a hash price of $35 and a cost of $44, how much can one withstand the pressure? It's a wonder if there’s no loss.

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