Bitcoin Miner Profits Fell As BTC Price Lost Strength: Will Miners Sell?

Bitcoin miner profits have fallen to record lows as BTC struggles to sustain support above $60,000, raising questions about miner selling. The estimated daily return for 1 terahash per second of hashing power dropped to about $0.28, a fresh all-time low, after a month earlier at $0.39. Bitcoin’s price slid toward $62,000 with on-chain activity weakening and miner revenues declining toward historic lows, while miners and mining pools still hold more than $110 billion in BTC. The perspective shifts from pure miner profitability to macro flows, as institutional spot BTC demand dwarfs miner output in recent weeks.