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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
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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.

More News

BlackRock Canada updates risk levels for some iShares ETFs and renames a bond ETF.

BlackRock Canada updates risk levels for some iShares ETFs and renames a bond ETF.

BlackRock Asset Management Canada announced changes to the risk levels of certain iShares ETFs effective June 19, 2026. The iShares India Index ETF and iShares 20+ Year U.S. Treasury Bond Index ETF (in CAD) have their risk levels lowered from medium-...

Company Fundamentals
Neutral
1 hour ago
F2Pool co-founder may hold $33.41M in ETH and WBTC, signaling major crypto accumulation.

F2Pool co-founder may hold $33.41M in ETH and WBTC, signaling major crypto accumulation.

On-chain data suggests F2Pool co-founder Wang Chun may have accumulated over $33.41 million worth of Ethereum (ETH) and Wrapped Bitcoin (WBTC). This dual-asset position indicates a diversified long-term strategy across two major cryptocurrencies. Whi...

Technical Signals
Neutral
4 hours ago
Solana's decentralized exchanges surpass NYSE in daily spot trading volume, driven by tokenized equities.

Solana's decentralized exchanges surpass NYSE in daily spot trading volume, driven by tokenized equities.

Solana's decentralized exchanges processed more spot trading volume on a single day than the New York Stock Exchange, marking a major milestone for blockchain trading. In 2025, Solana's DEX ecosystem recorded $1.6 trillion in spot volume, capturing n...

Protocol Fundamentals
Bullish
4 hours ago
Audiera jumps 15.33% on new music label partnerships; LAB plunges 32.16% amid unclear reasons.

Audiera jumps 15.33% on new music label partnerships; LAB plunges 32.16% amid unclear reasons.

Audiera's price surged 15.33% to $1.92, driven by new partnerships with major music labels enhancing its decentralized music platform. Meanwhile, LAB dropped sharply by 32.16% to $12.12 without clear causes. Other altcoins like Pi Network, Zcash, and...

Market News
Neutral
4 hours ago
Ethereum whale buys 7,000 ETH, exchange outflows rise, keeping price above $1,700 support.

Ethereum whale buys 7,000 ETH, exchange outflows rise, keeping price above $1,700 support.

A major Ethereum whale bought 7,000 ETH worth $11.8 million, increasing total whale purchases to 17,800 ETH in ten days, signaling strong confidence from large holders despite recent price struggles. Exchange data showed a net outflow of $13.35 milli...

Technical Signals
Bullish
4 hours ago
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