PANews February 3 News, according to Antpool data, recently Bitcoin prices have fallen to around $78,500, causing the vast majority of Bitcoin miners to be in a loss. Only the latest Antminer S23 series miners (such as Antminer S23 Hydro) remain profitable, with a daily profit of approximately $18.53 per unit. Older models like the Antminer S21 series have a daily profit of only $0.12, and Whatsminer M63S even incurs a daily loss of $0.47. Despite the North American cold snap reducing hash rate, the global Bitcoin network hash rate remains near record highs, with an average monthly hash rate of 927.7 EH/s in January. Miner earnings continue to decline, and some mining companies have shifted toward high-performance computing (HPC) and artificial intelligence services to diversify risk. Additionally, the stock prices of major listed mining companies have also been affected, with MARA Holdings down 2.5%, Cleanspark down 6%, and HIVE Digital down 10%.
Earlier reports, Shen Yu: When Bitcoin drops to $75,000, 23.3W/T miners will reach shutdown price.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
North Carolina proposes bill to establish state Bitcoin reserve
North Carolina has proposed legislation to create a strategic Bitcoin reserve, allowing the state to invest in and manage Bitcoin. The initiative aims to enhance cryptocurrency adoption and could inspire other states to follow suit, diversifying state assets.
GateNews3m ago
BTC rises 0.77% in 15 minutes: rebound driven by active buyers overlapping with safe-haven fund resonance
From 2026-03-19 19:00 to 19:15 (UTC), BTC price fluctuated within the range of 69802.0 to 70547.9 USDT, with volatility reaching 1.07%, recording a return rate of +0.77%. Short-term trading activity drove increased market attention, with volatility strength exceeding the daily average, attracting rapid capital participation.
The main driver of this price movement was concentrated active buy orders in the spot market, pushing BTC price up sharply in the short term. On-chain data shows that transfer volume during the 19:00-19:15 interval exhibited no extreme changes, and there were no large whale transfers. Weighing spot market and
GateNews1h ago
BTC Breaks Through 70,000 USDT
Gate News bot message, Gate market data shows BTC has broken through 70000 USDT, current price 70010.6 USDT.
CryptoRadar1h ago
BTC Falls Below $69K Amid Iranian and Qatari Gas Field Strikes
Bitcoin dropped below $69,000 amid a global sell-off fueled by rising Middle East tensions and soaring energy prices. This led to significant liquidations in leveraged positions and a decline in the overall crypto market.
Coinpedia1h ago
2013 Dormant Whale Offloads 3,500 BTC Worth $442 Million, BTC Price Under Pressure
On March 19, a Bitcoin whale sold 3,500 BTC, triggering bearish market sentiment. A total of 44,459 BTC flowed into exchanges that day. Bitcoin's price was around $69,500, with analysts predicting a potential test of the $64,000 support level. Capital is also shifting toward new infrastructure projects.
GateNews1h ago