Bitcoin (BTC) mining is no longer profitable

This article provides a brief overview of a report by Coinshares which claims that Bitcoin mining is now unprofitable.

According to a report by Coinshares, which has been covered by Overlclockers.ru and PCGamer, the days of Bitcoin mining being profitable appear to be over.

The report claims that the operating costs for mining a single Bitcoin are currently around $137,000 in 2025. However, a single Bitcoin is currently trading at around $95,000.

The report explains that this is due to the nature of the Bitcoin protocol which was created back in 2008. The pool of mineable Bitcoins shrinks as more are mined and this means that the cryptographic work needed to "find" new ones becomes harder.

Eventually, the energy used to mine a single Bitcoin will outpace its market value, which is what appears to have happened now.

Earlier this year, Bitcoin reached all-time highs of over $100,000. At its peak, assuming ideal conditions with cheap hardware and power, it might have been possible to turn a profit on Bitcoin mining. However, even then it was a close call and the days of easy, massive profits appear to be over.

Of course, this isn't to say that the cryptocurrency market is a complete failure. People are still attempting to make money from mining alt-cryptocurrencies or trading existing currencies and trying to play off the fluctuations.

However, the days of simply sinking a ton of cash into powerful graphics cards and letting them spin electricity into digital gold appear to be over.