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Live markets: Bitcoin has traded below its mining cost for five months, squeezing miners

Crypto CoinDesk By Shaurya Malwa 19 Jun 2026 05:04 1 min read
Live markets: Bitcoin has traded below its mining cost for five months, squeezing miners

About 20% of miners are now unprofitable, and publicly traded miners sold more than 32,000 bitcoin in the first quarter to cover operating costs, more than they offloaded in all of 2025.

About 20% of miners are now unprofitable, and publicly traded miners sold more than 32,000 bitcoin in the first quarter to cover operating costs, more than they offloaded in all of 2025.

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