Just caught up on some mining economics data and it's interesting - looks like Bitcoin mining is still profitable even with current conditions, though it's way tighter than people thought back in 2025. Canaccord had called for stable and profitable mining through last year, and the numbers mostly held up. The margins are real, but you need decent operational efficiency to make it work.

Seeing a lot of miners actually hanging in there despite the noise. If Bitcoin mining is still profitable with today's hardware costs and electricity rates, it means the economics have matured pretty significantly. Not the gold rush it used to be, but definitely viable for operations that scaled properly.

Anyone else tracking mining profitability metrics? The whole 'is Bitcoin mining still profitable' question seems to depend heavily on your location and setup now. Feels like the industry finally hit a realistic equilibrium.