Bitcoin Miners: Will They Survive 2025’s Pressure Cooker?

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So, the Bitcoin mining industry has been having a bit of a rough patch since the last halving in 2024, where miners’ rewards were slashed from 6.25 BTC to 3.125 BTC. Like, who thought that was a good idea? 🤔 And if that wasn’t enough, the mining difficulty keeps climbing, making it harder to keep the Bitcoin network running smoothly. It’s like trying to win a marathon after someone stole your running shoes.

Even though the price of BTC has been on a bit of a rollercoaster ride over the past year, miners are still finding it tough to stay profitable and keep the world’s largest blockchain secure. A crypto expert recently chimed in on the state of the Bitcoin mining industry, and let me tell you, it’s not all sunshine and rainbows.

Miners Could Be Forced To Shed BTC Holdings: Crypto CEO

In a post on the X platform on September 5, Alphractal founder and CEO Joao Wedson broke down the current state of Bitcoin mining. According to Wedson, the BTC mining sector has been looking a little shaky in 2025. He pointed out that the high price of BTC, which has surged by almost 100% since the last halving, is part of the problem. It’s like the miners are working overtime to earn less, and that’s just not fair, folks!

Wedson explained that the combination of a rising hash rate and low on-chain volume has intensified the competition for winning blocks on the BTC network. This means miners have to invest in fancy, expensive new equipment just to stay in the game. It’s like upgrading your kitchen appliances to make toast faster, but for blockchains.

To give a clearer picture, Wedson introduced the Mining Equilibrium Index (MEI), which measures how profitable mining is compared to historical averages. The MEI compares the 30-day average revenue per hash to the 365-day average. When the MEI is above 1, it’s a good sign; when it drops below 0.5, it’s time to panic. Or, you know, start selling your BTC to pay the bills.

Currently, the MEI is at about 1.06, which is better than the stress levels where miners can’t keep the lights on, but it’s still way below the glory days of 2017 and 2021, when the MEI hit 2.5. So, while miners aren’t exactly drowning, they’re definitely treading water. Wedson warns that the increasing competition and costs might force miners to sell some of their BTC, which could put a bit of a damper on the price of our beloved cryptocurrency. 🤷‍♀️

Bitcoin Price At A Glance

As of now, BTC is sitting pretty at around $110,700, showing no major changes in the past day. But hey, the market leader is showing signs of a comeback, with a nearly 3% bump in the past week. So, while the miners are feeling the heat, BTC is still holding its ground. Here’s hoping they can both find a way to thrive! 💪

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2025-09-06 21:13