The post ‘Chaos is coming for Bitcoin in the next few months,’ claims CEO appeared com. Key Takeaways What happens when mining becomes unprofitable? Miners may shut down rigs and sell their Bitcoin reserves to cover costs, adding sell pressure and risking a market downturn. Does a drop in miners weaken the network? Yes. Fewer miners mean reduced hashrate, lower security, and slower block processing. Bitcoin mining has entered a worrying phase, raising fresh concerns across the crypto market. According to the latest data from MacroMicro, the average cost to mine a single Bitcoin has dropped to $112,025. This has sparked questions about the industry’s profitability and long-term sustainability. This sharp decline comes at a time when market sentiment is uncertain, fueling fears that miners may soon face financial pressure if prices continue to fall. All about mining costs Highlighting the same, Jacob King, CEO of SwanDesk, noted, “People don’t realize how much chaos is coming for Bitcoin in the next few months. Bitcoin mining has entered its most unprofitable stretch in a decade.” He added, “It currently costs a whopping $112K to mine a single Bitcoin, that’s now only worth $86K and falling fast. It’s only a matter of time before miners shut down, the network shrinks, and a cascading crash follows.” Needless to say, a decline in miner profitability doesn’t just affect operations. In fact, it can trigger a chain reaction across the market. When mining costs outweigh returns, companies are forced to liquidate their Bitcoin [BTC] reserves to stay afloat. This could increase the sell pressure, potentially dragging prices lower. Thus, if this trend intensifies, the market could see miner capitulation. This is where large numbers of miners shut down, weakening network security and reducing overall hashrate. Together, these factors could heighten the risk of a deeper market downturn. Especially if Bitcoin continues to trade below its production cost. Analysts are not worried.