Report: Bitcoin Mining Enters "Worst Profit Cycle in History", Mining Companies Under Pressure

GateNews
BTC0,22%

According to Jinse Finance, TheMinerMag reports that the Bitcoin mining industry is experiencing the most severe profit contraction in 15 years, with hash prices falling to a structural low of about $35/PH/s. The recoup investment period for new generation mining rigs has extended to over 1000 days, while the next Halving is only about 850 days away. As profitability worsens, mining companies are starting to deleverage, and CleanSpark has fully repaid its Bitcoin collateralized credit line. Mining company stocks have also fallen sharply, with MARA, CleanSpark, Riot, and HIVE seeing declines between 32% and 54% since mid-October.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

The New York Times reignites the “Satoshi identity mystery”—Adam Back quickly clears things up after being targeted

Author: Nancy, PANews Satoshi Nakamoto’s real identity remains the mystery that has persisted for 17 years in the crypto world. Speculation about this pseudonym has never stopped—candidates have ranged from cryptographers to corporate founders—but there has always been a lack of evidence to definitively settle the matter. Recently, The New York Times published a multi-thousand-word investigation that, based on multiple comparisons drawn from linguistic style, technical pathways, and historical context, listed Blockstream CEO Adam Back as the strongest candidate for Satoshi Nakamoto. However, the claim was quickly and clearly denied by Back himself, and the relevant arguments were widely questioned by the industry as difficult to substantiate. Satoshi Nakamoto identity controversy flares up again, with the investigation targeting Adam Back In this investigation, The New York Times reporter John Carreyrou spent more than a year and a half deeply sorting through archives spanning decades, as well as the cryptographic punk email list, to

区块客51m ago

BTC 15-minute drop of 0.45%: Aggressive sell-side orders lead, layered with weakening liquidity at the margin, amplifying volatility

2026-04-11 23:00 to 2026-04-11 23:15(UTC), BTC’s return over 15 minutes was -0.45%, and the price fluctuated within the range of 72907.4 to 73370.7 USDT, with a swing amplitude of 0.63%. During this period, market activity remains at a high level, but the price anomaly has drawn investors’ short-term attention. Overall trading sentiment is slightly cautious, and volatility is marginally higher than usual. The main driver behind this anomaly is that active sell orders have a slight advantage, causing a short-term downward adjustment in price. Combined with a modest increase in trading volume for major trading pairs and spot

GateNews57m ago

Bitcoin and Ether ETFs See $443 Million Inflows as Crypto Demand Picks Up

U.S. spot Bitcoin and Ether ETFs saw significant inflows, totaling $443.3 million on April 9, indicating renewed institutional interest in crypto funds. Bitcoin ETFs led with $358.1 million, driven by BlackRock's iShares, while Ether ETFs gained $85.2 million, primarily from BlackRock’s ETHA. This surge reflects a shift in investor sentiment and confidence in the crypto market.

CryptometerIo2h ago
Comment
0/400
GateUser-c37d8248vip
· 2025-12-02 21:05
good job
Reply0
GateUser-c37d8248vip
· 2025-12-02 21:05
niceee
Reply0
cha_chingvip
· 2025-12-02 19:14
I think it can still get a little worse; it's not the worst time yet.
View OriginalReply0
GateUser-242e3aeavip
· 2025-12-02 15:25
Ape in Bull Run HODL Tight
Reply0
jassi188vip
· 2025-12-02 13:56
Ape In 🚀
Reply0
jassi188vip
· 2025-12-02 13:56
Bull Run 🐂
Reply0
节俭vip
· 2025-12-02 11:24
I think it can still get a little worse; it's not the worst time yet.
View OriginalReply0
Lighting1118vip
· 2025-12-02 11:15
Hold on tight, we are taking off soon To da moon 🛫
View OriginalReply0
GateUser-a86986f6vip
· 2025-12-02 09:01
ok sknsns. hhsk. sjsn. la quta tat atua annbdnsjsksnnsndbdbdbdnneen
Reply0
SLEIMANvip
· 2025-12-02 05:52
Good luck with this project, I think it will be successful.
View OriginalReply0
View More