BREAKING 🚨
20% of Bitcoin miners are now unprofitable due to Bitcoin trading below its estimated production cost for 5 straight months.
This puts major pressure on miners, affecting their operations.
Public miners sold over 32,000 BTC in Q1 to fund operations, sparking concerns about the market's stability ⚡.
Two opposing viewpoints emerge: some believe this will lead to market consolidation, while others think it will cause a downturn.
The community is urged to comment their thoughts on this development 📢, and vote on the potential impact on the market 💡.