Most bitcoin miners are no longer profiting from their digital asset-related operations as the flagship cryptocurrency falls further into the red, according to a new analyst note from Rosenblatt. Bitcoin was last trading at $64,143, down roughly 26% year to date. Earlier on Tuesday, the token sank just below $63,000, dropping near its lowest level in more than two weeks. BTC.CM= YTD mountain Bitcoin in 2026 via CoinMetrics The crypto’s latest slides could deepen a reemerging threat to most bitcoin miners, Rosenblatt analysts noted. “With [the revenue earned on mining] now under [3 cents], it is down to levels that are unprofitable for all but the most efficient operations”…
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