[2026-01-31] The latest IT, economic, blockchain and coin news
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2026-01-31 | Curator: CryptoTerminal
Bitcoin Mining Profits Hit 14-Month Low After Winter Storm Rocks Miners: CryptoQuant
Bitcoin miners are struggling to eke out a profit lately amid the asset’s falling price and external complications, including a winter storm that rocked a large chunk of the United States last weekend, impacting the production of top mining firms. A ratio that tracks the relationship between Bitcoin’s price and the profitability of running Bitcoin mining operations has hit a 14-month low, according to data from CryptoQuant. “The miner profit/loss sustainability index is at 21, the lowest since...
