What Are You Looking For?

Blockchain Business Crypto Regulation Featured Security Tech

Recent

Senator Lummis Demands Banking Evolution: Is $MAXI The Next Financial Frontier?
Metaplanet Buys More $BTC, as Savvy Investors Are Eyeing Early HYPER Gains
Bitcoin Edges Past Gold In Appeal, JPMorgan Says
Tethers Tokenized Gold Strategy Creating New Opportunities: $SUBBD Takes on Creator Economy

What Are You Looking For?

Blockchain Business Crypto Regulation Featured Security Tech

Recent

Senator Lummis Demands Banking Evolution: Is $MAXI The Next Financial Frontier?
Metaplanet Buys More $BTC, as Savvy Investors Are Eyeing Early HYPER Gains
Bitcoin Edges Past Gold In Appeal, JPMorgan Says
Tethers Tokenized Gold Strategy Creating New Opportunities: $SUBBD Takes on Creator Economy
Friday, February 6, 2026
Top Posts
Stocks rally to new record highs on strong jobs data and...
Congress passes $1.2 trillion infrastructure bill, major win for Biden
Social Security benefits get a bump, retirees need to do more...
These are the people who made history on election night in...
Browns release Odell Beckham Jr. years after blockbuster trade
Dwayne Johnson, Ryan Reynolds and Gal Gadot go for the green...
The trend of body shaming dressed up as a fitness goal...
Federal workers can take paid leave to get their kids vaccinated
Batman still occupy a unique place as pop culture’s most iconic...
‘We’re not perfect but we’re freaking trying’: Chloé’s on making fashion...
SUBSCRIBE NEWSLETTERS

What Are You Looking For?

Blockchain Business Crypto Regulation Featured Security Tech

Recent

Senator Lummis Demands Banking Evolution: Is $MAXI The Next Financial Frontier?
Metaplanet Buys More $BTC, as Savvy Investors Are Eyeing Early HYPER Gains
Bitcoin Edges Past Gold In Appeal, JPMorgan Says
Tethers Tokenized Gold Strategy Creating New Opportunities: $SUBBD Takes on Creator Economy
Copyright 2021 - All Right Reserved
Home BlockchainBitcoin Miners Could Face Crisis After BTC Price Falls 50% From Peak
Blockchain

Bitcoin Miners Could Face Crisis After BTC Price Falls 50% From Peak

by Decrypt
written by Decrypt 0 comments
Bitcoin Miners Could Face Crisis After BTC Price Falls 50% From Peak

In brief

  • Bitcoin crashed below $63,000 on Thursday, while estimated mining costs range from $60K-$80K.
  • Public miners’ production costs range from $39K (Iris Energy) to $106K (NYDIG) per BTC.
  • The crash has triggered over $2 billion in crypto liquidations over the past 24 hours.

The price of Bitcoin has plunged 50% from its October peak—and could soon sink below what it costs some miners to produce the asset, if it hasn’t already.

With Bitcoin down 14% over the last day to a recent price below $63,000, a…

You may also like

Senator Lummis Demands Banking Evolution: Is $MAXI The Next Financial Frontier?

Metaplanet Buys More $BTC, as Savvy Investors Are Eyeing Early HYPER Gains

Bitcoin Edges Past Gold In Appeal, JPMorgan Says

Tethers Tokenized Gold Strategy Creating New Opportunities: $SUBBD Takes on Creator Economy

US-Iran Tensions Resurface Ahead Of Nuclear Talks: Impacting Bitcoin And $LIQUID Presale

Previous Market Bottoms Suggest Bitcoin Price Is Headed To $38,000

Leave a Comment

Save my name, email, and website in this browser for the next time I comment.

@2021 - All Right Reserved. Designed and Developed by PenciDesign