Bitcoin miners are losing $19,000 on every BTC produced as difficulty drops 7.8%
Summary
CoinDesk reports miners are operating at a large loss as production costs (~$88,000 per BTC) exceed the market price (~$69,200). A 7.76% drop in difficulty, hashrate near 920 EH/s, and a Hashprice around $33.30/PHS/day point to squeezed margins, while geopolitical and energy costs pressure profitability. Miners are diversifying into AI and high-performance computing for steadier revenue, illustrating broader implications for crypto markets and compute demand.