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Miners Getting REKT: BTC Difficulty Drops 1.1% — Capitulation Incoming!
Bitcoin mining difficulty crashes to 135.59T — next drop to 131.01T expected TODAY as hashrate bleeds out 20% of miners unprofitable with production costs at $77K-$87K while BTC hovers around $77K — brutal math
Public miners dumped 32,000+ BTC to cover bills — daily revenue hits yearly low at ~$28M vs peak $150M+
Hashrate collapsed 20% in under a month — some capacity shifting to AI mining as Bitcoin becomes unviable