The broader economic fears, including stagnation and stubborn inflation, have rocked the encryption market, which led to a sharp decline. Bitcoin has fought under these circumstances, which, in turn, forced mines to sell more BTC to maintain operations.
As a result, increased pressure pressure from miners has increased market instability.
BTC emptying workers to cover costs
According to the latest Cryptoquant a reportThere was a significant increase in transportation operations from miners to exchange when Bitcoin briefly fell to $ 77,000 on Monday, indicating an increase in the pressure pressure. Historically, miners tend to cancel BTC loading during declines in operational cost covering, and often condensed a declining momentum.
If this trend continues, the Bitcoin prices may be hindered unless the strong demand for the buyer is met. The report states that miners work as forced sellers and directly affect the liquidity of the market. The increase in the sale in the local bottoms indicates financial pressure, and perhaps due to the high operating expenses.
If buyers absorb the offer, bitcoin may settle. However, continued pressure from miners may lead to more declines. Market participants closely monitor whether the demand will lead to the budget for the growing mining workers.
Although the sale of total miners has increased, this does not necessarily mean that all miners are struggling. Some mines – especially those who use newer and more efficient platforms – still make strong profits.
Some excavators are still profitable despite the low prices
Bitcoin mining has increased by 3 % in the past two weeks, while the Bitcoin price has decreased by more than 11 %, pushing the retail price shortly to $ 0.045 a day – its lowest level since November. Despite these opposite winds, the latest mining machines of the generations remain profitable, even those that have energy efficiency that exceeds 20 watts/ton, such as S19K Pro and S19 XP.
According to the latest Blankware intelligence to updateSome miners who have newer models, such as S21, may benefit from more prices in the short term in the event of separation of weaker machines, which reduces the difficulty of mining. Historical data reveals the profitability of miners, as Antminer S21 Pro, purchased in August 2024, was purchased for $ 5,700, which already generates more than 20 % of its cost.
With the daily daily profits from $ 5 to $ 6, Blockware estimated that these miners are on the right path to get 35 % APY and a full return on investment by Q2 2027.
Bitcoin Post sells: Here is what you need to know first appeared on Cryptopotato.
