🪙According to JPMorgan calculations, the current average cost of mining Bitcoin is around $78,000, while the $BTC market price is approximately $63,000.

This means that some miners are operating at a loss. According to analyses, currently one in every five miners is mining Bitcoin at a loss.

To cover expenses, mass mining companies sold more than 32,000 BTC in the first quarter of 2026. This figure is even higher than the total volume of Bitcoin sold throughout 2025.