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Bitcoin (BTC) Miners Are Underpaid, But Still Accumulating — Is a Supply Squeeze Coming?

Avatar photo Sonny S. Watts 4 days ago

On June 22, 2025, Bitcoin (BTC) miner revenue dropped to $34 million — the lowest since April 20. CryptoQuant’s Miner Profit/Loss Sustainability metric shows miners are now the most underpaid they’ve been since July 2024. The sharp revenue decline is driven by weaker transaction fees and reduced block rewards after the April halving. Despite this […]

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Sonny S. Watts is a Bitcoin miner and energy researcher, Sonny delves into the sustainability of Bitcoin mining, its energy consumption, and innovations in renewable-powered mining solutions.