BITCOIN MINERS ARE GOING BROKE $BTC

Network-wide Bitcoin production cost hits $87,000. Current price is $60,000. This is a massive loss. Miners are shutting down machines. It's a full surrender. Old hardware is worthless. Even big mining stocks are crashing 20%. Funds are fleeing to gold. Texas miners face power cuts. Difficulty adjusted down 11%. Still, profits are gone. Most miners are underwater. Only the lowest cost operators survive. The mining winter is here. Companies are pivoting to AI. They need new income. $BTC

This is not financial advice.

#Bitcoin #CryptoMining #FOMO ๐Ÿš€

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