Bitcoin News Today: Bitcoin miners face a fight for survival as they contend with soaring hashrates and falling prices
- Bitcoin miners face profitability decline as record hashrate clashes with falling prices, extending hardware payback periods beyond 1,200 days. - Operators pivot to HPC/AI services to offset losses, while ETFs show volatile redemption/inflow swings amid institutional re-entry and Abu Dhabi's IBIT stake tripling. - JPMorgan upgrades mining stocks citing $19B HPC contracts, but record-low Bitcoin reserves ($2.6B liquidated) highlight deteriorating economics with hashprice at $34.49/PH/s. - Sector survival
Bitcoin miners are under increasing strain as the network’s hashrate reaches unprecedented levels while prices continue to fall, putting pressure on profits and lengthening the time needed to recover hardware investments. The hashrate, which reflects the total computational strength protecting the blockchain,
This financial pressure comes alongside
Bitcoin ETFs have reflected the industry’s turbulence. BlackRock’s
Experts
JPMorgan analysts have
Bitcoin miners’ reserves have
Although institutional investors and analysts remain cautiously hopeful, the industry’s future depends on Bitcoin’s ability to recover its price momentum.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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