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Analysis: Bitcoin miners are facing increased selling pressure, with efficient miners' costs dropping to around $45,000
By: rootdata|2026/03/11 18:43:52
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According to on-chain data platform CryptoQuant, the selling pressure from btc-42">Bitcoin miners has intensified. MARA announced a new policy allowing the sale of Bitcoin reserves and transferred 298 BTC to Cumberland; Core Scientific recently also sold 2,174 BTC.
MARA's current average mining cost is about $70,027 per coin, while efficient miners can have costs as low as approximately $45,000. The purpose of the sell-offs by several mining companies includes strengthening their balance sheets and funding the expansion of AI infrastructure.
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