Market pressure is hitting Bitcoin miners hard. Many operators are now facing razor-thin margins—or worse, outright losses. The reality? Some are being forced to power down their rigs, the very machines that validate transactions and secure the blockchain network. This pullback in mining activity comes as energy costs remain high and Bitcoin prices struggle to provide adequate returns. It's a tough spot for an industry that relies on constant uptime and scale to stay competitive.
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GamefiEscapeArtist
· 17h ago
The miners have really been weeded out; energy costs are so high, Bitcoin is not performing well, and the shutdown wave has arrived.
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SchrodingersPaper
· 17h ago
Are the miners really going to shut down the power? Well, here we go again, is it another round of bottom-fishing?
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FlashLoanLarry
· 18h ago
yo the margin compression is actually textbook opportunity cost destruction... miners basically became energy barons with zero pricing power lmao. told you so on the efficiency thesis back in december btw
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ForkMonger
· 12-10 14:39
nah this is just natural selection playing out... miners with trash governance models get culled. the real question is whether we're about to see a protocol economics restructuring that actually matters
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ser_ngmi
· 12-10 14:38
The miners are really getting hammered this time; the shutdown wave has arrived...
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SellLowExpert
· 12-10 14:36
The miners really can't hold on anymore; a shutdown wave is coming.
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WhaleStalker
· 12-10 14:33
The miners are quite unfortunate, with the shutdown wave coming... This wave will cause the hash rate to plummet again.
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WagmiWarrior
· 12-10 14:26
Mining is really tough. How many machines will need to be shut down with this drop?
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zkProofInThePudding
· 12-10 14:24
The miners really can't hold up this time; energy costs are eating up half of the profits, and BTC price is still so disappointing...
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CryptoWageSlave
· 12-10 14:15
Miners are really struggling. With this downturn, layoffs are probably coming again.
Market pressure is hitting Bitcoin miners hard. Many operators are now facing razor-thin margins—or worse, outright losses. The reality? Some are being forced to power down their rigs, the very machines that validate transactions and secure the blockchain network. This pullback in mining activity comes as energy costs remain high and Bitcoin prices struggle to provide adequate returns. It's a tough spot for an industry that relies on constant uptime and scale to stay competitive.