Miners are turning off their machines: Why even new rigs can’t break even

Bitcoin miners are experiencing severe profitability challenges as hash price reaches record lows, forcing operators to shut down mining equipment. Even new, efficient mining rigs are struggling to break even under current market conditions, leading to widespread margin compression across the industry.

• →Hash price has hit record lows, making Bitcoin mining unprofitable for many operators.
• →Even new, state-of-the-art mining rigs are unable to achieve break-even profitability.
• →Miners are shutting down operations as margins collapse across the industry.
• →The 2025 mining economics present significant challenges for the entire sector.
• →Struggling mining operators face difficult decisions about equipment and operations.