Bitcoin Miners Hit Hard as Profitability Falls to Record Lows

[madtrader]

Bitcoin miners are facing their toughest conditions yet as the network’s hashrate surged to an all-time high of 1.16 ZH/s in October while BTC prices dropped toward $81,000. Hash prices plunged below $35 per PH/s — far under the $45 median reported by public miners — pushing several operators near breakeven. With payback periods now exceeding 1,200 days and financing costs rising, mining economics have reached their weakest point on record.

[Nahid Hossen]

Mining margins look brutal right now—only the efficient will survive.

[The_Walking_Dead]

This chart screams pain for miners

[Revenant]

Only lean operations will make it through

[Capybara_Capybara]

Mining turned into survival mode…

[Abdul Khan]

Hashrate climbing while profits drop—classic miner pain.