Bitcoin miners face persistent challenges from rising network difficulty and fluctuating revenue, which are compounded by high upfront hardware costs and electricity expenses. These factors squeeze profit margins, making operational efficiency essential for a miner’s viability. Representatives from Everminer, Bitdeer, and CleanSpark told BeInCrypto that miners are tackling challenges with diverse solutions, from optimizing their financial management and core operations to building new relationships with the energy grid and expanding into new computing markets. The Squeeze on Profitability Bitcoin miners face a challenging environment as the network’s difficulty reaches new record highs
source: https://beincrypto.com/bitcoin-mining-battle-rising-costs-survival/