• bitcoinBitcoin (BTC) $ 103,722.00
  • ethereumEthereum (ETH) $ 3,443.88
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.35
  • bnbBNB (BNB) $ 954.66
  • usd-coinUSDC (USDC) $ 0.999791
  • staked-etherLido Staked Ether (STETH) $ 3,446.29
  • tronTRON (TRX) $ 0.289420
  • dogecoinDogecoin (DOGE) $ 0.166826
  • cardanoCardano (ADA) $ 0.542775
  • wrapped-stethWrapped stETH (WSTETH) $ 4,199.39
  • figure-helocFigure Heloc (FIGR_HELOC) $ 1.03
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 103,863.00
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 3,728.97
  • whitebitWhiteBIT Coin (WBT) $ 52.67
  • hyperliquidHyperliquid (HYPE) $ 41.13
  • chainlinkChainlink (LINK) $ 15.15
  • bitcoin-cashBitcoin Cash (BCH) $ 487.94
  • usdsUSDS (USDS) $ 1.00
  • wrapped-eethWrapped eETH (WEETH) $ 3,727.88
  • stellarStellar (XLM) $ 0.280405
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • leo-tokenLEO Token (LEO) $ 9.56
  • zcashZcash (ZEC) $ 496.11
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 103,740.00
  • suiSui (SUI) $ 2.02
  • hedera-hashgraphHedera (HBAR) $ 0.174682
  • wethWETH (WETH) $ 3,455.88
  • avalanche-2Avalanche (AVAX) $ 16.64
  • litecoinLitecoin (LTC) $ 88.79
  • moneroMonero (XMR) $ 350.97
  • shiba-inuShiba Inu (SHIB) $ 0.000009
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.20
  • the-open-networkToncoin (TON) $ 1.96
  • daiDai (DAI) $ 0.999421
  • crypto-com-chainCronos (CRO) $ 0.125563
  • polkadotPolkadot (DOT) $ 2.65
  • memecoreMemeCore (M) $ 2.46
  • mantleMantle (MNT) $ 1.25
  • susdssUSDS (SUSDS) $ 1.07
  • bittensorBittensor (TAO) $ 388.04
  • usdt0USDT0 (USDT0) $ 0.999383
  • uniswapUniswap (UNI) $ 5.36
  • world-liberty-financialWorld Liberty Financial (WLFI) $ 0.122285
  • aaveAave (AAVE) $ 202.77
  • usd1-wlfiUSD1 (USD1) $ 0.999608
  • internet-computerInternet Computer (ICP) $ 5.39
  • bitget-tokenBitget Token (BGB) $ 4.13
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • paypal-usdPayPal USD (PYUSD) $ 1.00
  • okbOKB (OKB) $ 123.65
  • c1usdCurrency One USD (C1USD) $ 1.00
  • nearNEAR Protocol (NEAR) $ 1.94
  • ethenaEthena (ENA) $ 0.333596
  • pepePepe (PEPE) $ 0.000006
  • jito-staked-solJito Staked SOL (JITOSOL) $ 200.94
  • ethereum-classicEthereum Classic (ETC) $ 14.58
  • aster-2Aster (ASTER) $ 1.05
  • falcon-financeFalcon USD (USDF) $ 1.00
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 5.08
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,443.97
  • tether-goldTether Gold (XAUT) $ 3,969.47
  • solanaWrapped SOL (SOL) $ 162.19
  • ondo-financeOndo (ONDO) $ 0.613671
  • aptosAptos (APT) $ 2.68
  • pi-networkPi Network (PI) $ 0.224552
  • usdtbUSDtb (USDTB) $ 1.00
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.169101
  • worldcoin-wldWorldcoin (WLD) $ 0.734657
  • htx-daoHTX DAO (HTX) $ 0.000002
  • kucoin-sharesKuCoin (KCS) $ 12.49
  • official-trumpOfficial Trump (TRUMP) $ 8.04
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,967.55
  • arbitrumArbitrum (ARB) $ 0.269542
  • binance-staked-solBinance Staked SOL (BNSOL) $ 175.41
  • pump-funPump.fun (PUMP) $ 0.004126
  • kinetic-staked-hypeKinetiq Staked HYPE (KHYPE) $ 41.28
  • algorandAlgorand (ALGO) $ 0.160800
  • gatechain-tokenGate (GT) $ 11.94
  • hash-2Provenance Blockchain (HASH) $ 0.027053
  • dashDash (DASH) $ 107.50
  • pax-goldPAX Gold (PAXG) $ 3,980.59
  • bfusdBFUSD (BFUSD) $ 0.999819
  • syrupusdtsyrupUSDT (SYRUPUSDT) $ 1.10
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 3,626.36
  • vechainVeChain (VET) $ 0.015108
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,637.85
  • cosmosCosmos Hub (ATOM) $ 2.67
  • kaspaKaspa (KAS) $ 0.047148
  • wbnbWrapped BNB (WBNB) $ 954.47
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 104,122.00
  • ignition-fbtcFunction FBTC (FBTC) $ 104,016.00
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 3,694.73
  • quant-networkQuant (QNT) $ 84.65
  • syrupusdcsyrupUSDC (SYRUPUSDC) $ 1.13
  • skySky (SKY) $ 0.052106
  • flare-networksFlare (FLR) $ 0.015165
  • story-2Story (IP) $ 3.54
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • jupiter-exchange-solanaJupiter (JUP) $ 0.353864
  • nexoNEXO (NEXO) $ 1.08
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,667.77
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 103,705.00
  • sei-networkSei (SEI) $ 0.166220
  • render-tokenRender (RENDER) $ 2.00
  • ripple-usdRipple USD (RLUSD) $ 1.00
  • global-dollarGlobal Dollar (USDG) $ 0.999953
  • bonkBonk (BONK) $ 0.000012
  • hashnote-usycCircle USYC (USYC) $ 1.11
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.999967
  • filecoinFilecoin (FIL) $ 1.40
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.015236
  • xdce-crowd-saleXDC Network (XDC) $ 0.052517
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.37
  • morphoMorpho (MORPHO) $ 1.70
  • fasttokenFasttoken (FTN) $ 2.01
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.88
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,716.95
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 104,110.00
  • immutable-xImmutable (IMX) $ 0.421108
  • clbtcclBTC (CLBTC) $ 104,055.00
  • aerodrome-financeAerodrome Finance (AERO) $ 0.891492
  • ousgOUSG (OUSG) $ 113.18
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.27
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 185.84
  • soon-2SOON (SOON) $ 2.82
  • decredDecred (DCR) $ 41.57
  • optimismOptimism (OP) $ 0.371477
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.10
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.999208
  • lido-daoLido DAO (LDO) $ 0.763957
  • celestiaCelestia (TIA) $ 0.817689
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 3,293.77
  • blockstackStacks (STX) $ 0.360329
  • spx6900SPX6900 (SPX) $ 0.697852
  • injective-protocolInjective (INJ) $ 6.64
  • msolMarinade Staked SOL (MSOL) $ 216.45
  • tbtctBTC (TBTC) $ 103,782.00
  • curve-dao-tokenCurve DAO (CRV) $ 0.435945
  • beldexBeldex (BDX) $ 0.082234
  • ether-fi-liquid-ethEther.Fi Liquid ETH (LIQUIDETH) $ 3,655.21
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,450.68
  • the-graphThe Graph (GRT) $ 0.056546
  • doublezeroDoubleZero (2Z) $ 0.171686
  • bridged-usdc-polygon-pos-bridgePolygon Bridged USDC (Polygon PoS) (USDC.E) $ 0.999703
  • plasmaPlasma (XPL) $ 0.308627
  • usdaiUSDai (USDAI) $ 1.01
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.222597
  • flokiFLOKI (FLOKI) $ 0.000060
  • tezosTezos (XTZ) $ 0.539165
  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999873
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,456.17
  • zksyncZKsync (ZK) $ 0.074947
  • usual-usdUsual USD (USD0) $ 0.999215
  • pyth-networkPyth Network (PYTH) $ 0.094079
  • iotaIOTA (IOTA) $ 0.130407
  • stader-ethxStader ETHx (ETHX) $ 3,709.73
  • kaiaKaia (KAIA) $ 0.091282
  • gtethGTETH (GTETH) $ 3,441.30
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 1.00
  • starknetStarknet (STRK) $ 0.109531
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.20
  • cognifyCognify (SN115) $ 1,762.47
  • true-usdTrueUSD (TUSD) $ 1.00
  • ether-fiEther.fi (ETHFI) $ 0.869625
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 103,589.00
  • ethereum-name-serviceEthereum Name Service (ENS) $ 12.92
  • syrupMaple Finance (SYRUP) $ 0.426761
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,449.26
  • sonic-3Sonic (S) $ 0.125008
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,794.76
  • conflux-tokenConflux (CFX) $ 0.091235
  • swethSwell Ethereum (SWETH) $ 3,790.63
  • newton-projectAB (AB) $ 0.005374
  • pendlePendle (PENDLE) $ 2.71
  • sbtc-2sBTC (SBTC) $ 104,223.00
  • the-sandboxThe Sandbox (SAND) $ 0.182609
  • steakhouse-usdc-morpho-vaultSteakhouse USDC Morpho Vault (STEAKUSDC) $ 1.11
  • bitcoin-svBitcoin SV (BSV) $ 22.14
  • heliumHelium (HNT) $ 2.35
  • jasmycoinJasmyCoin (JASMY) $ 0.009008
  • dogwifcoindogwifhat (WIF) $ 0.429727
  • ghoGHO (GHO) $ 0.999399
  • bittorrentBitTorrent (BTT) $ 0.00000043
  • humanityHumanity (H) $ 0.237060
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.166890
  • theta-tokenTheta Network (THETA) $ 0.427305
  • ark-3ARK (ARK) $ 40.01
  • galaGALA (GALA) $ 0.009038
  • usddUSDD (USDD) $ 0.999614
  • sun-tokenSun Token (SUN) $ 0.021619
  • decentralandDecentraland (MANA) $ 0.211856
  • usdbUSDB (USDB) $ 0.997923
  • vaultaVaulta (A) $ 0.252975
  • wrapped-hypeWrapped HYPE (WHYPE) $ 41.08
  • arbitrum-bridged-wrapped-eethArbitrum Bridged Wrapped eETH (Arbitrum) (WEETH) $ 3,724.13
  • apenftAINFT (NFT) $ 0.00000039
  • flowFlow (FLOW) $ 0.240167
  • eutblSpiko EU T-Bills Money Market Fund (EUTBL) $ 1.20

Bitcoin miners’ earnings hit lowest level since April amid $7,000 price drop

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Bitcoin miners’ earnings hit lowest level since April amid $7,000 price drop

Key Takeaways

  • Bitcoin miners’ earnings have dropped to their lowest level since April amid a $7,000 price fall.
  • The drop in price has slashed mining profitability and hashprice, pushing operators toward losses.

Bitcoin miners are facing their weakest earnings since April after Bitcoin fell from $107,000 to $100,000 today, a $7,000 decline that has sharply reduced profitability across the industry.

The decline in Bitcoin’s price has pushed mining profitability to multi-month lows as hashprice continues to fall, intensifying earnings pressures for operators already contending with high electricity costs that consume a significant portion of their rewards.

Mining operations have become less viable during the current price dip, with operators in regions like Ethiopia experiencing rapid revenue drops due to changes in energy pricing, prompting some to scale back operations or consider relocation to more cost-effective jurisdictions.

Source

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