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Bitcoin Miners' Revenues Fall Below Production Costs, 20% in Losses

2026-06-24 22:27:58

BTC-2.70%

According to ChainCatcher, Bitcoin miners are facing sustained pressure as revenue continues to decline. The 7-day average daily revenue now stands at approximately $30 million, down significantly from over $50 million last summer. Bitcoin currently trades near $62,500, well below JPMorgan's estimated production cost of approximately $78,000. This price remains below production cost for five consecutive months, the longest such period in the current cycle. An estimated 20% of miners are now operating at a loss, with mining difficulty dropping 10% in the second week of June as high-cost operators scale back operations.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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