4 poststagged with “mining”
Bitcoin entered 2026 at $94K and exits Q1 at $69K. A 27% drawdown that reshuffled holders, stress-tested miners, and revealed institutional conviction vs retail retreat.
Bitcoin miners lose ~$19K on every BTC produced as costs of $88K exceed market price. Difficulty dropped 7.76% as public miners pivot facilities to AI data centers.
The 20 millionth bitcoin was mined on March 10. 95.24% of all bitcoin now exists. The remaining 1 million will take 114 years — and much of what's mined is lost forever.
Bitcoin's hashrate crossed 800 EH/s for the first time, doubling in 18 months. Behind the number: a structural shift in mining geography and hardware efficiency.