On Tuesday, Bitcoin’s spot price slipped more than 5% against the U.S. dollar, wiping out over $7,000 in value since the day’s first trade. This significant drop has had a direct impact on miners, whose hashpower revenues have tanked to levels not seen since April 8, 2025.
Many mining rigs are now operating just to break even, humming constantly to stay alive in a challenging market environment. Bitcoin’s falling hashprice is putting increasing pressure on the mining community, raising concerns about the sustainability of current operations.
https://news.bitcoin.com/bitcoins-7k-drop-sends-miner-revenues-to-april-lows/