Apr 17, 2026
Bitcoin Miners Sell Record 32K BTC in Q1 2026 as Hashprice Pressure Mounts
BitcoinMiningBitcoin HalvingBitcoin miningBTC Liquidationcrypto bear marketHashpriceMining Economicsmining profitabilityPublic Miners
TLDR: Public miners sold over 32,000 BTC in Q1 2026, breaking the previous record set during the 2022 Terra-Luna collapse.. Hashprice sits near $33/PH/s/day, below the ~$35 breakeven, leaving roughly 20% of miners operating at a loss. American Bitcoin holds 7,000+ BTC with $25/PH/s production costs, choosing accumulation over selling amid the downturn. New West [...]
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