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Bitcoin miners are losing on every coin produced as difficulty drops

by PaulHoule on 4/11/2026, 1:22:25 PM

https://www.coindesk.com/markets/2026/03/22/bitcoin-miners-are-losing-usd19-000-on-every-btc-produced-as-difficulty-drops-7-8

Comments

by: dmk

The headline is dramatic but this is literally how bitcoin is designed to work. Miners leave, difficulty drops, costs go down, mining becomes profitable again. The interesting part isn’t the loss per coin, it’s how long the lag between unprofitable mining and difficulty adjustment keeps forced selling pressure on the market.

4/11/2026, 1:35:41 PM


by: reenorap

If bitcoin miners are losing $19k for every bitcoin they mine, why would they sell bitcoin to continue funding their mining operations. That just makes it even less profitable because they are driving down the price of their remaining bitcoin. It makes more sense to shut their rigs off completely and wait for the price to rise.<p>The funny thing about bitcoin is that the rate of bitcoin discovery doesn’t change when they shut off their rigs so it won’t change supply. It would actually make more sense to sell all their bitcoin, flood the market with coins to do the price, wait for large miners to collapse and then restart mining at hopefully lower prices.

4/11/2026, 2:26:48 PM


by: paoliniluis

It&#x27;s 2026 and there&#x27;s still people that believe that proof-of-work makes sense as a consensus mechanism

4/11/2026, 2:41:06 PM


by: kingleopold

This is just a lie. Coindesk is the worst media in the world.<p>They can&#x27;t calculate correct price of mining because it&#x27;s more complex and enerrgy costs are different in so many regions and inside the electiric producers etc. !

4/11/2026, 1:30:41 PM


by: helsinkiandrew

&gt; When miners can&#x27;t cover costs, they sell bitcoin to fund operations<p>Surely they should stop producing until its profitable again, or am I missing something?

4/11/2026, 1:29:49 PM


by: suryajena

Isn&#x27;t AI the new hot thing, why are the miners still going after Bitcoin, when they can probably just use the same infra for AI and make more money, stay profitable.

4/11/2026, 1:33:03 PM


by: expedition32

There&#x27;s a reason why countries invented a central bank who decides how much currency gets printed.

4/11/2026, 2:29:15 PM


by: ece

Is there a SQQQ for BTC?

4/11/2026, 1:30:31 PM


by: testing22321

Maybe a basic question - do miners use solar?<p>Prices are dropping so fast it seems like the cheapest way to power mining rigs.<p>Also free grid electricity for three hours a day in Australia will be interesting.

4/11/2026, 2:24:36 PM