Bitcoin miners face critical underpayment levels, with profitability plunging as BTC collapses to $57K in June 2025.
Selling power among Bitcoin miners has dropped to -5.8, its weakest point since 2024, limiting liquidation options.
Miner revenue models are breaking down, with no recent overpaid windows and mounting strain on Bitcoin’s network stability.
Miners are now extremely underpaid while their selling power has plunged to the weakest level in a year. Bitcoin’s $57K crash in June 2025 has forced severe strain on miners, igniting network-wide concerns over profitability.
Miner Profitability Collapses Despite Early-Year Price Boom
Bitcoin miners are under immense pressure after profitability plunged below sustainable levels for the second time in nine months. According to a post by CryptoQuant, underpayment levels have reached extremes not seen since 2024, raising structural concerns for the Bitcoin network.
https://twitter.com/cryptoquant_com/status/1937142804893040710
In February 2025, Bitcoin soared to $112K, briefly pushing miners into overpaid territory. However, since March, profitability has reversed, and recent data shows sustainability metrics dipping below -35 as prices fell again.
This deep underpayment trend has intensified in June as Bitcoin retraced back to $57K. The corresponding miner metric, shown in growing blue bars, confirms unsustainable operating conditions.
Selling Power Crumbles as Revenue Models Fracture
Simultaneously, other market indicators suggest a different trend: miners' selling power has collapsed to -5.8 on a log scale. This is the weakest point for Bitcoin miners' selling capacity since July 2024.
When Bitcoin crossed $100K in November 2024, miner selling power reached a yearly high of -5.0. During bullish conditions, miners had strong market leverage and ample liquidation capacity, resulting in high.
But through early 2025, miners selling power decayed even as Bitcoin held between $85K and $105K. This divergence reveals a weakening ability to sell, despite otherwise favorable price conditions.
Structural Pressures Mount Across Bitcoin Mining Sector
While financial strain has surged, actual selling from miners has remained controlled. This signals not relief, but constraint. Without fresh capital or reserve rebuilding, miners could soon be forced into capitulation.
In recent weeks, the complete absence of orange and red profitability bars reinforces this dynamic. It reflects zero instances of overpayment, and therefore, zero windows for strategic selling. Bitcoin’s current miner ecosystem is hanging by a thread. If prices remain below $60K, and selling power stays suppressed, network stability could face renewed threats.
Market-Wide Repercussions from Collapsing Miner Metrics
The sharp drop in both profitability and selling power creates a dual-threat scenario for Bitcoin’s operational base. The declining hash rate and unviable revenue models point toward upcoming miner exits. Bitcoin miners are not just underpaid-they are locked out of profitable liquidation entirely. Unless conditions shift, long-term mining viability will remain severely compromised.
The post Bitcoin Miners Struggle as Selling Power Falls to -5.8 and Profits Turn Unsustainable appears on Coin Futura. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
