Just checked the numbers on mining economics and it's looking rough out there. Bitcoin sitting around 81K right now, but I've been reading that the average cost of bitcoin mining for a lot of operations is still hovering way above that. Some reports putting production costs near 87K, which means miners are basically operating at a loss or razor-thin margins. That's a pretty brutal squeeze. The cost of bitcoin mining varies by location and efficiency, but when you've got that many operations struggling with power costs and hardware maintenance, it makes you wonder how long they can sustain this. Smaller miners especially are probably getting pushed out. Interesting to see how this plays out if prices don't move up soon - could be a real shake-up in the mining landscape.

BTC-0.06%
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