Bitcoin Mining Profits Near Breaking Point

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Bitcoin’s mining sector is under pressure as the hash price — miners’ key profit metric — drops to $42 per PH/s, down from $62 in July.
At these levels, many smaller miners may shut down, while hardware makers face slumping orders and weaker BTC sales, says TheMinerMag.
With costs rising and margins razor-thin, the $40 mark could trigger a new wave of miner exits.

[Rimon Khan]

Margins tighter than ever — only the most efficient setups will survive.

[Abdul Khan]

Hashrate strong, but profits bleeding — miners feeling the heat.