Bitcoin mining becomes unprofitable as BTC price falls to average cost of mining
It&#x27;s a self-correcting equilibrium though, since the block difficulty is tied to the hashrate, which will fall as miners pull out.<p>That said, the hashrate is not showing major drops yet:<p><a href="https:&#x2F;&#x2F;www.blockchain.com&#x2F;charts&#x2F;hash-rate" rel="nofollow">https:&#x2F;&#x2F;www.blockchain.com&#x2F;charts&#x2F;hash-rate</a>