Most bitcoin miners are no longer profiting from their digital asset-related operations as the flagship cryptocurrency falls further into the red, according to a new analyst note from Rosenblatt. Bitcoin was last trading at $64,143.00, down roughly 26% year to date. Earlier on Tuesday, the token sank just below $63,000, dropping near its lowest level in more than two weeks. BTC.CM= YTD mountain Bitcoin in 2026 via CoinMetrics The crypto’s latest slides could deepen a reemerging threat to most bitcoin miners, Rosenblatt analysts noted. “With [the revenue earned on mining] now under 3¢, it is down to levels that are unprofitable for all but the most efficient operations” Rosenblatt analyst Chris Brendler said Monday in a note to clients….
