Miners are losing money right now

Mining BTC costs around 88k and price is near 69k so they’re basically losing money on every coin

If that’s the case they either sell or shut down

We’ve seen this before but curious what people think this time

Does this create more downside from selling or is this the kind of setup where bottoms usually form

Full review: https://btcusa.com/bitcoin-miners-are-deep-underwater-as-production-costs-surge-above-88000/