Bitcoin Miners Face Financial Squeeze
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Bitcoin Miners Face Financial Squeeze: CoinShares Report
A new report from CoinShares warns that up to twenty percent of Bitcoin miners could be losing money due to a drop in hashprice to around twenty-eight dollars per petahash per second per day in February 2026. This is the lowest point since the latest halving event. The squeeze comes from lower Bitcoin prices, tougher network difficulty, and skimpy transaction fees, particularly affecting miners with older mid-generation machines and high electricity costs. CoinShares predicts more pain if Bitcoin stays below eighty thousand dollars through the year, potentially leading to consolidation in the industry with only the strongest players thriving long-term.
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