NewsBTC •
April 17, 2026 at 10:20 •
Analysis
About 20% of the Bitcoin mining industry is operating at a loss right now. That single fact explains much of what has been unfolding across the sector in early 2026, as publicly traded miners race to sell off holdings just to keep the lights on. Related Reading: Bitcoin Rally Faces First Test At $76K As Sellers Step In: Analysts Profits Squeezed To The Bone Hashprice — the daily revenue a miner earns per unit of computing power — has been sliding since July 2025. It now sits at roughly $33 per petahash per second per day, according to data from Hashrate Index. The breakeven point for many miners, particularly those running older machines, is around $35. That gap, small as it looks on paper, is pushing a large chunk of the industry into the red. Major publicly traded ...