Bitcoin Mining Profitability Narrows to Efficient Operators
Bitcoin mining economics are tightening to levels that are pushing a portion of the global fleet below profitability, according to a report from asset manager CoinShares. In its Bitcoin (BTC) mining report for Q1 2026, CoinShares said hashprice, a key measure of miner revenue, fell to around $28 per petahash per second per day (PH/s/day)