Mining Margins Squeeze Signals Industry Shakeup

[etfs]

Wintermute reported that Bitcoin has failed to deliver the typical two-times price return needed to offset halving-driven revenue cuts, leaving miners’ gross margins at levels that previously marked bear market floors. Transaction fees have not filled the gap, and energy expenses continue to strain profitability.

This cycle’s margin squeeze, however, is being framed as a “healthy shakeup” that could make the mining industry more efficient. By exploring AI operations, adopting active treasury management, or putting BTC to work, miners may emerge stronger and better prepared for the next market cycle.

[madtrader]

miners sweating over margins while btc literally does this nonsense… capitalism in action y’all