Story
Bitcoin miners are losing on every coin produced as difficulty drops
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Overview
Bitcoin miners are currently losing $19,000 on every BTC produced, with average production costs around $88,000 per coin while the market price is approximately $69,200. Rising energy prices and geopolitical tensions are contributing to these steep losses.
Summary from coindesk.com.
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Community reactions
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Hacker News · coindesk.com
Historical count: 5 · 5 saved in sample · Historical sample
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Based on 5 sampled comments from this thread. Analyzed 2026-04-11.
- Praise: The design of Bitcoin allows for difficulty adjustments, which can lead to renewed profitability for miners after a downturn, showcasing the system's resilience.
- Praise: The discussion highlights the complex relationship between mining costs and Bitcoin's market value, emphasizing the economic principles at play in cryptocurrency.
- Concern: There are concerns about the sustainability of Bitcoin mining, with some arguing it represents a significant waste of energy and has detrimental environmental impacts.
- Concern: The reliance on miners to sell Bitcoin to cover costs raises questions about the stability of the market and the potential for forced selling pressure.