Bitcoin miners are feeling the pinch—their earnings just hit the lowest point this year, according to a report by CryptoQuant. The drop suggests mining rewards (from both new coins and transaction fees) aren’t keeping up with costs, which could squeeze smaller operations.

Editor’s Note: Mining isn’t just about tech—it’s a business, and when profits tank, it shakes up the whole ecosystem. If this slump continues, we might see miners shutting down or selling off Bitcoin holdings to stay afloat, which could add even more pressure to prices. For crypto watchers, it’s a red flag about the health of the network’s backbone.