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20% of Bitcoin miners unprofitable as BTC trades below $78K production cost, pressuring the mining sector.

Market News
18 Jun 2026
Crypto Briefing
View Source
Bearish
pluang ai news

JPMorgan reports that about 20% of Bitcoin miners are now unprofitable due to Bitcoin trading around $62,500, which is well below the estimated $78,000 cost to produce one coin. Public miners sold over 32,000 BTC in Q1 2026 to cover costs, surpassing all of 2025's sales, indicating financial stress. Mining difficulty has dropped significantly, reflecting miners shutting down older, inefficient machines. Investors should watch hashprice trends, mining difficulty, and miner BTC liquidations as these factors could worsen miner profitability and impact Bitcoin's price.

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Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...

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Frasers Group delays guidance amid takeover bids and reports 4% profit drop

Frasers Group delays guidance amid takeover bids and reports 4% profit drop

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Ethereum outperforms Bitcoin amid early large-cap rotation in crypto markets.

Ethereum outperforms Bitcoin amid early large-cap rotation in crypto markets.

Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...

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Neutral
4 hours ago
Gabriel sells its European FurnMaster furniture business to Leggett & Platt for about EUR 9 million

Gabriel sells its European FurnMaster furniture business to Leggett & Platt for about EUR 9 million

Gabriel Holding A/S has agreed to sell its European FurnMaster furniture manufacturing operations, including subsidiaries in Poland and Lithuania, to Leggett & Platt for an initial price of approximately EUR 9 million, with a possible additional paym...

Company Fundamentals
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Bitcoin crowdfunding offers direct aid to crisis zones where traditional platforms fail due to banking restrictions.

Bitcoin crowdfunding offers direct aid to crisis zones where traditional platforms fail due to banking restrictions.

A Gaza resident raised over £55,000 on GoFundMe to support his family but faced issues as the platform cannot pay directly to Gaza, forcing funds through intermediaries who failed to deliver the full amount. This highlights a broader problem in human...

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