Data, Analysis: The energy crisis raises mining costs, with miners facing a loss of nearly $19,000 per BTC

Data shows that the economic pressure on Bitcoin mining is intensifying. The current average production cost per coin is about $88,000, while the current Bitcoin price is around $69,200, meaning miners are facing a loss of nearly $19,000 per BTC, resulting in an overall loss of about 21%. Meanwhile, the overall mining difficulty has decreased by approximately 7.8%, marking the second largest drop within 2026, reflecting the exit of computing power and rising network pressure.

Analysis suggests that rising energy prices combined with the tense situation in the Middle East further increase mining costs, and electricity costs continue to be under pressure. If miners are forced to sell Bitcoin to maintain operations, it may create additional selling pressure on the market. If Bitcoin prices remain below the cost line and difficulty continues to decrease, the process of miners clearing out may continue, putting pressure on the spot market structure in the short term.