The landscape of Bitcoin mining is currently encountering significant challenges, as the market is proving to be exceptionally tough. This situation is primarily due to the increasing realization that in today’s environment, electricity has transcended its traditional role and is becoming the true currency that miners must contend with. As the costs of energy continue to rise and competition intensifies, those involved in Bitcoin mining are finding it increasingly difficult to maintain profitability and sustainability, leading to a reevaluation of their operational strategies and long-term viability within this volatile sector.
source: https://www.coindesk.com/tech/2025/08/24/bitcoin-mining-faces-incredibly-difficult-market-as-power-becomes-the-real-currency