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Bitcoin Hashprice Hits Record Low as Miners Grapple With Shrinking Margins

Bitcoin’s price has taken a hefty knock this week, dragging mining revenue down with it as the price per petahash sinks even deeper than April’s slump. Miners are feeling the squeeze from the tight pricing environment an...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin Hashprice Hits Record Low as Miners Grapple With Shrinking Margins
Bitcoin’s price has taken a hefty knock this week, dragging mining revenue down with it as the price per petahash sinks even deeper than April’s slump. Miners are feeling the squeeze from the tight pricing environment and the thin onchain fees tied to newly found block rewards. Bitcoin’s Mining Math Turns Brutal as Fees Dry […]

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This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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